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Cryptopolitan

US convicts crypto founder for $35M wire fraud

A jury in Seattle has found 41-year-old Nevin Shetty guilty on four counts of wire fraud after he diverted approximately $35 million from his former employer into a cryptocurrency scheme he controlled with the aim of earning interest off the capital. Shetty was reportedly hired in March 2021 as chief financial officer (CFO) of a [...]

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