Texas man in $20M Meta-1 Coin fraud sentenced to 23 years in prison

Texas man in $20M Meta-1 Coin fraud sentenced to 23 years in prison

2.06%LINK$9.55 3.03%DOGE$0.0987 2.76%ADA$0.258 3.55%BTC$75,708 1.43%XLM$0.1695 5.04%SOL$88.61 3.83%XRP$1.45 2.47%BCH$449.08 2.10%ETH$2,356 0.73%HYPE$44.19 2.64%TRX$0.3239 0.73%BNB$632.45 1.44%USD Written by Stephen Katte,Staff WriterReviewed by Felix Ng,Staff EditorTexas man in $20M Meta-1 Coin fraud sentenced to 23 years in prison3 hours agoMeta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which turned out to be fictional. A Texas man found guilty of helping orchestrate a cryptocurrency scam project that defrauded $20 million from nearly 1,000 investors has been sentenced to 23 years behind bars by a US judge on Tuesday. US District Judge LaShonda Hunt sentenced Robert Dunlap, who served as a trustee of the project that sold the fictional token Meta-1 Coin, to prison and ordered him to pay restitution to victim

Source: https://cointelegraph.com/news/meta-1-coin-fraud-robert-dunlap-23-years-sentence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound