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Fraud Conviction of ‘My Big Coin’ Founder Randall Crater Upheld on Appeal
27.2.2024
A US appeals court has upheld the prior sentencing of “My Big Coin” fraud founder Russell Crater. Crater will serve over 8 years and pay $7.6 million for orchestrating a fraud from 2013 to 2017, facing charges including wire fraud, unlawful transactions, and running an unlicensed money...
Founder of $7.5M 'brazen fraud scheme' to see 8 years behind bars
1.2.2023
Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release
US Court Convicts ‘My Big Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme
23.7.2022
A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coins were backed by gold and that the company had a partnership with Mastercard. My...