Cryptocurrency

United

David Vance

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-scammers-face-justice-for-investor-fraud/" data-wpel-link="internal">Crypto Scammers Face Justice for Investor Fraud</a><br></p>
<p style="text-align: justify">Bad news for those who once used <strong>cryptocurrencies</strong> for fraud without facing penalties. Those who defrauded investors using cryptocurrencies are now receiving their due punishment, albeit delayed. They are being convicted for crimes they thought forgotten, thanks to the development of <strong>on-chain intelligence applications</strong> and rigorous monitoring.</p> 
<h2 style="text-align: justify" id="cryptocurrency-fraud-case">Cryptocurrency Fraud Case</h2> 
<p style="text-align: justify">Just a few minutes ago, the U.S. Department of Justice released new information related to the IcomTech fraud. The United States Attorney for the Southern District of New York, Damian Williams, announced that two individuals were punished for their involvement in the IcomTech scam.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-328785 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/abd-adalet-bakanligi.jpg" alt="" width="860" height="394"></p> 
<blockquote> 
 <p>“IcomTech defrauded tens of thousands of people out of millions of dollars. They promised easy riches based on supposed cryptocurrency investments but ultimately stripped hardworking people of their hard-earned money. Yesterday, David Brend and Gustavo Rodriguez, who were at the heart of the IcomTech Ponzi scheme, were swiftly convicted by a unanimous jury for their roles in defrauding IcomTech investors. This verdict should send a clear message that whether in the crypto markets or elsewhere, those involved in Ponzi schemes will be rooted out by this Office, which is determined to eradicate all kinds of fraud and hold the perpetrators accountable. Now, Brend and Rodriguez face significant prison time as a consequence of the lies they told to hardworking people.”</p> 
</blockquote> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/crypto-scammers-face-justice-for-investor-fraud/" data-wpel-link="internal">Crypto Scammers Face Justice for Investor Fraud</a></h5>

Crypto Scammers Face Justice for Investor Fraud

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