
Bitcoin
Federal Court Sentences Crypto Ponzi Scheme Operator to Nearly Eight Years
Cointelegraph reports that Dwayne Golden, 57, received a 97-month federal prison sentence on Friday for operating cryptocurrency Ponzi schemes through EmpowerCoin, ECoinPlus, and Jet-Coin. The Brooklyn federal judge convicted Golden of wire fraud and money laundering after his companies defrauded investors of over $40 million between April and August 2017.