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86-year-old to pay $14M after admitting to running crypto Ponzi scheme

October 9, 2024 by DIGIT

Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health. Go to Source

Categories Bitcoin Scam, California attorney, conspiracy to commit fraud, crypto trading scam, cryptocurrency Ponzi scheme, David Lee Kagel, federal court case., investment fraud, legal malpractice


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$68,432.00-0.87%
  • ethereumEthereum(ETH)$1,963.82-1.88%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.49-1.82%
  • binancecoinBNB(BNB)$614.20-0.77%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.02-3.69%
  • tronTRON(TRX)$0.2810870.34%
  • dogecoinDogecoin(DOGE)$0.100166-6.91%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$68,432.00-0.87%
  • ethereumEthereum(ETH)$1,963.82-1.88%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.49-1.82%
  • binancecoinBNB(BNB)$614.20-0.77%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.02-3.69%
  • tronTRON(TRX)$0.2810870.34%
  • dogecoinDogecoin(DOGE)$0.100166-6.91%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%