Home » Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial

Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial

by Jason Scott
0 comment



Feds Say AI Crypto Firm Was a Scam, Owner Faces TrialA Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered cryptocurrency mining firm that guaranteed fixed investment returns of 15%-30% APR and falsely implied FDIC backing. From 2017 to […]



Source link

You may also like

Editor Pics

Latest News

© 2025 blockchainsphere.info. All rights reserved.