Ex-Crypto Platform Cred Execs Sentenced For $150M Scheme

By Sydney Price · September 2, 2025, 8:31 PM EDT

The former CEO and former chief financial officer behind bankrupt cryptocurrency lender Cred Inc. will serve four years and three years, respectively, after previously pleading guilty to conspiracy to commit wire...

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Case Information

Case Title

USA v. Schatt et al

Case Number

3:24-cr-00243

Court

California Northern

Nature of Suit

Date Filed

May 01, 2024