Oklahoma Man Gets Five-Year Sentence for $9.4M Crypto Ponzi Scheme

Crypto Firm Founder Jailed for Running Investor Ponzi Scheme - The Blockopedia

Travis Ford thought he could get away with it. The 36-year-old from Oklahoma ran Wolf Capital Crypto Trading and convinced… The post Crypto Firm Founder Jailed for Running Investor Ponzi Scheme appeared first on The Blockopedia.

Travis Ford Sentenced to 5 Years for Running $9.4M Crypto Ponzi Scheme

Travis Ford raised $9.4M from 2,800 investors, promising unrealistic daily returns. Ford misappropriated investor funds for personal gain, leading to significant financial losses. Court documents revealed Ford's public reassurances despite mounting investor complaints and internal failures. Authorities sentenced Travis Ford to five years after a cryptocurrency fraud case. The sentence followed an investigation into his conduct at Wolf Capital Cr…

Crypto CEO Sentenced To 5 Years For $9M Ponzi Scheme, DOJ Confirms

The US Department of Justice (DOJ) has brought to light a new digital asset fraud scheme, culminating in the sentencing of a crypto CEO to almost five years in prison.  Travis Ford, the CEO, co-founder, and head trader of Wolf Capital Crypto Trading, was found guilty of orchestrating a crypto investment fraud conspiracy. Ford, hailing from Glenpool, Oklahoma, is said to have played a crucial role in raising $9.4 million from around 2,800 investo…

Wolf Capital Crypto Trading CEO gets prison sentence, to pay over $1M in forfeiture

Travis Ford, the CEO, co-founder, and head trader of Wolf Capital Crypto Trading LLC, was sentenced yesterday to 60 months in prison.

Crypto Fraud Sentences: Wolf Capital CEO Gets 5 Years, “Cryptoqueen” Jailed 11+ Years

Travis Ford, CEO of Wolf Capital Crypto Trading, was sentenced to 5 years for defrauding 2,800 investors of $9.4 million. Chinese Ponzi scheme operator Zhimin Qian was sentenced to over 11 years after defrauding 128,000 people, with authorities seizing 61,000 Bitcoin. High-profile crypto fraud cases highlight ongoing global regulatory and enforcement scrutiny of digital asset schemes. Travis Ford, 36, CEO and co-founder of Wolf Capital Crypto Tr…

Man Sentenced to Five Years in Prison for $9.4 Million Crypto Fraud in US - The Cryptocurrency Post

A US court has sentenced a man to five years in prison for his leading role in a $9.4 million cryptocurrency Ponzi scheme. In addition to the jail term, Travis Ford, CEO of Wolf Capital Trading LLC, must pay over $1 million in forfeiture and over $170,000 in restitution. This sentence for $9.4 million crypto fraud aims to compensate the 2,800 victims. Travis Ford, 36, of Glenpool, Oklahoma, operated Wolf Capital Trading LLC. Through his website …