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20.11.2025 20:38
Another $9.4M crypto fraud case resulted in a five-year federal sentence

The scheme promised mining and trading returns that did not exist

Cases like this demonstrate the importance of real governance and a robust legal structure in Web3

Legal DAOs provide accountability and transparency from day one btw
Decrypt
Oklahoma Man Gets Five-Year Sentence for $9.4M Crypto Ponzi Scheme - Decrypt
Travis Ford pleaded guilty to conspiracy to commit wire fraud in January, in a case involving millions in investor losses.
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