Fake Trade Archives

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Crypto Scammer Sentenced to 8 Years for $40M Ponzi Schemes EmpowerCoin, ECoinPlus, Jet-Coin

June 28, 2025Sean JacobsCryptoCrypto Scam, Fake Trade

A man at the heart of one of the largest crypto Ponzi schemes of the last decade will spend nearly eight years in federal prison after being sentenced Friday in Brooklyn. Dwayne Golden, 57, was handed a 97-month prison term for wire fraud and money laundering tied to a sprawling web of fake crypto investment…

Crypto Scammer Sentenced to 8 Years for $40M Ponzi Schemes EmpowerCoin, ECoinPlus, Jet-Coin

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