California man jailed for 51 months in $37 million crypto scam

In comparison, the US Department of Justice announced that a California resident of La Pont was sentenced to 51 months in prison and required $26.9 million in compensation for participating in a global crypto scam that laundered $37 million. They and their accomplices used the Bahamian company Axis Digital to receive funds, transfer the victim's funds to a Deltte Bank account, and then exchange them for USDT and transfer them to the scam wallet. The case is part of the Department of Justice's ongoing crackdown on a multinational “pig-killing” crypto fraud and money laundering network. (Decrypt)