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Profit Connect owner convicted over $24M AI crypto fraud scheme

By Liam 'Akiba' Wright at 2026-09-20 10:28

Sentiment: Negative

A federal jury found Brent Kovar guilty on 15 counts after prosecutors said false guarantees and nonexistent reserves drew at least 400 investors. The post Profit Connect owner convicted over $24M AI crypto fraud scheme appeared first on CryptoSlate. Continue reading...

Categories: AI

Tags: #AI #Crime #Featured #Scams #mining #regulation

Source CryptoSlate