Crypto Ponzi Scheme Leader Sentenced To 10 Years By US Court

Quick Summary:

David Carmona, founder of the cryptocurrency Ponzi scheme IcomTech, has received a 10-year prison sentence following a court ruling in the last week.

This development was revealed on October 4  by the US Attorney’s Office, Southern District of New York.

In other news, the total crypto market cap is valued at around $2.16 trillion following a 1.75% increase in the last day.

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Article Details

Author / Journalist: Semilore Faleti

Category: Crypto

Markets: Hungary

Topics: Prison IcomTech Crypto Fraud Crypto ponzi scheme US Attorney Crypto scam David Carmona

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-06 @ 04:30:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22904032

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 9 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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