Global Stock News

Fugitive crypto scammer jailed for 20 years in $73m global fraud

Fugitive crypto scammer jailed for 20 years in $73m global fraud

Fugitive crypto scammer jailed for 20 years in $73m global fraud
Fugitive crypto scammer jailed for 20 years in $73m global fraud

A fugitive has been sentenced to 20 years in prison over a crypto currency scam that stole more than $73 million from victims.

Daren Li, described by US authorities as the central organiser of the scheme, was convicted and sentenced by a US federal court despite fleeing after cutting off his electronic ankle monitor in December 2025.

According to the US Department of Justice, Li, who is a dual citizen of China and St Kitts and Nevis, orchestrated an international cryptocurrency investment fraud that mainly targeted Americans but also drew victims overseas, reports…

Source link

Share this article

Scroll to Top