US Judge Slaps Crypto Fraudster With Five-Year Prison Sentence Over $20,000,000 in Coinbase Spoofing Scheme

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Oct 19, 2024

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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,…

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