Five fraudsters plead guilty in $37M crypto scheme

Description

In a significant development in the fight against cryptocurrency fraud, five individuals have pleaded guilty to their roles in a multinational scam that defrauded victims of approximately $37 million. This case, prosecuted by the U.S. Department of Justice (DOJ), underscores the growing threat of crypto-related crimes and the increasing efforts by law enforcement to hold perpetrators accountable. As digital currencies continue to gain popularity, so do the schemes designed to exploit unsuspectin...