Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian Williams said Thursday in a statement.
Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’
U.S. Attorney Damian Williams said Fowler’s lies exposed the U.S. financial system to “serious risk.”
23-Year-Old Who Lied to Bank About Bitcoin Holdings Pleads Guilty to Fraud
Randall Joseph Smail faces up to 30 years’ imprisonment for lying to a bank about $640,000 in bitcoin.