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Brent Kovar Convicted of $24M Bitcoin Ponzi Scheme

COINOTAG·August 25, 2026·1 min read
Brent Kovar Convicted of $24M Bitcoin Ponzi Scheme

A jury convicted Brent Kovar of a $24M Bitcoin Ponzi scheme, facing up to 280 years in prison. A second crypto fraud conviction was also delivered in the same case. The verdict underscores ongoing legal actions against crypto-related fraud, highlighting the risks in the digital asset space.

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