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Jury Convicts Las Vegas Man of $24M AI Crypto Mining Ponzi Scheme
Decrypt·August 25, 2026·1 min read
A Las Vegas man, Brent Kovar, was convicted by a jury for running a $24 million AI crypto mining Ponzi scheme. He told at least 400 investors that a supercomputer was mining crypto for them and that their funds were FDIC-insured.
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