US Judge Slaps Crypto Fraudster With Five-Year Prison Sentence Over $20,000,000 in Coinbase Spoofing Scheme
<img width="1024" height="600" src="https://dailyhodl.com/wp-content/uploads/2024/10/us-slaps-five-prison.jpg?w=1024" class="webfeedsFeaturedVisual wp-post-imag

A US judge sentenced a crypto fraudster to five years in prison over charges stemming from a $20 million scheme involving a fake Coinbase website.
Chirag Tomar, an Indian national, facilitated a “spoofing” con that involved setting up a deceptive URL, CoinbasePro.Com, and creating a fraudulent webpage designed to mimic the popular crypto exchange’s site,…
Keep reading with a 7-day free trial
Subscribe to The INFORMER to keep reading this post and get 7 days of free access to the full post archives.