Swedish Crypto Fraudster Gets 15 Years In $16M Scam

By Lauren Berg (July 8, 2021, 9:33 PM EDT) -- A Swedish hotelier on Thursday was sentenced to 15 years behind bars for using the proceeds of a $16 million investment scam to buy a resort in Thailand and for laundering money through various platforms, including popular cryptocurrency exchange Coinbase, according to the U.S. Department of Justice....

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