CoinDesk

Las Vegas businessman convicted in $24 million 'AI supercomputer' crypto Ponzi scheme

Las Vegas businessman convicted in $24 million 'AI supercomputer' crypto Ponzi schemeWorldPing

Brent Kovar has been found guilty of running a crypto Ponzi scheme, defrauding at least 400 investors out of $24 million.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

Related news

Here’s what happened in crypto todayWorldPing
Cointelegraph

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Brief by WorldPing · Original reporting by Cointelegraph

MiCA revolutionised European crypto, and left Poland licking its woundsWorldPing
CoinDesk

MiCA revolutionised European crypto, and left Poland licking its wounds

Many in Poland may look back at 2026 as the year European crypto finally grew up, and one of Poland’s brightest economic ambitions faded into darkness, writes Mateusz Kara, founder and CEO of Morphic Financial Group.

Brief by WorldPing · Original reporting by CoinDesk