TREE NEWS reports: A Las Vegas man, Brent Kovar, was convicted by a jury for orchestrating a $24 million Ponzi scheme that defrauded at least 400 investors. Kovar falsely claimed that his supercomputer was mining cryptocurrency for investors and that their funds were FDIC-insured.
Jury Convicts Vegas Man of $24M AI Crypto Mining Ponzi
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
32m ago
US judge extends ban on new mail-in voting rules
49m ago
Meta sued over smart glasses biometric data collection
50m ago
X wins early round in trademark fight over Twitter revival
1h ago
Crypto-related US stocks dip 0.08%, week up 12.05%
1h ago
Israel Strikes Southern Lebanon in Response to Hezbollah Drone
2h ago
Nasdaq Golden Dragon China Index Rises 0.8% Friday, Down 2.5% Week