US Court Hands 3-Year Jail Sentence to Man Accused of Conspiring to Defraud Crypto Holders – Regulation Bitcoin News
August 23, 2023
A U.S. court has sentenced a man accused of conspiring to defraud cryptocurrency owners to three years in prison. The court also ordered the man to pay $2,816,433 in restitution to 11 victims of his Subscriber Identity Module (SIM) swap fraud scheme.
SIM Swap Fraud Scheme
A United States district court has sentenced to 36 months in prison a man accused of being part of a conspiracy to defraud…
