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Business owner faces up to 280 years over $24M crypto Ponzi scheme

Cointelegraph· Cointelegraph by Ezra Reguerra· Aug 25, 2026 · 7:58 AM
Business owner faces up to 280 years over $24M crypto Ponzi scheme

A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.

This is a summary. Read the complete story at Cointelegraph below.

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