Arizona Man Pleads Guilty in $13M Crypto Ponzi Scheme, Faces Up to 15 Years
In brief Vincent Mazzotta pleaded guilty to money laundering and obstruction in a $13 million crypto Ponzi scheme The scheme involved the use of fake AI trading bots and a fictitious agency called the “Federal Crypto Reserve. Victims were duped twice, first through bogus crypto investments, then again by being charged fees for fake investigations…
