Oklahoma Man Sentenced for Crypto Scam

Travis Ford, a 36-year-old Oklahoma man, was sentenced to five years in prison for running a cryptocurrency investment scam. He admitted to his role in the fraudulent scheme, which involved promising daily gains of 1-2% and receiving $9.4 million from over 2,800 investors. Ford, the co-founder and CEO of Wolf Capital, will also pay over $170,000 in restitution and serve three years of supervised release. He pleaded guilty to one count of conspiracy to commit wire fraud earlier this year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.