Crypto CEO Sentenced To 5 Years For $9M Ponzi Scheme, DOJ Confirms

Crypto CEO Sentenced To 5 Years For $9M Ponzi Scheme, DOJ Confirms

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Categories: Regulation Crime Fraud

The US Department of Justice (DOJ) has confirmed the sentencing of Travis Ford, CEO, co-founder, and head trader of Wolf Capital Crypto Trading, to nearly five years in prison for orchestrating a $9 million digital asset fraud scheme.

The US Department of Justice (DOJ) has brought to light a new digital asset fraud scheme, culminating in the sentencing of a crypto CEO to almost five years in prison. Travis Ford, the CEO, co-founder, and head trader of Wolf Capital Crypto Trading, was found guilty of orchestrating a crypto investment fraud conspiracy. Ford, hailing...