Four Face 20 Years in Jail Each over Crypto Scam | CoinMarketCap

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Four Face 20 Years in Jail Each over Crypto Scam | CoinMarketCap
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Four people are facing 20 years in jail each over three crypto projects that allegedly swindled $40 million from investors 🚨 The defendants are accused of attempting to 'cover their tracks and destroy evidence' when their crime was about to be exposed 👇

The owners of EmpowerCoin, ECoinPlus and Jet-Coin allegedly swindled $40 million from victims, and attempted to "cover their tracks and destroy evidence" when they were about to be exposed.Four defendants are facing up to 20 years in prison each for their alleged role in a "sophisticated scheme to steal assets from investors."

They have been charged with conspiracy to commit wire fraud and money laundering. Golden and Aggesen — along with a man called William White — also face allegations of conspiracy to obstruct justice, obstructing justice and tampering with evidence.

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