Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Indian Man Sentenced to 5 Years in Prison for $20 Million Fraud by Faking Coinbase Website

Indian Man Sentenced to 5 Years in Prison for $20 Million Fraud by Faking Coinbase Website

Bitget2024/10/18 10:31

On October 18, a U.S. court sentenced Chirag Tomar, a 31-year-old Indian man, to five years in prison and will serve two years of supervised release after completing his sentence. tomar stole more than $20 million by posing as a Coinbase cryptocurrency trading site. tomar has pleaded guilty to wire fraud and will serve his sentence in a federal prison.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Bitcoin mining company TeraWulf plans to issue $3.2 billion in bonds to fund its AI data center expansion.
2
Belarus announces the formation of a task force to combat illegal cryptocurrency transactions

Crypto prices

More
Bitcoin
Bitcoin
BTC
$113,099.69
-0.77%
Ethereum
Ethereum
ETH
$4,125.66
-1.46%
Tether USDt
Tether USDt
USDT
$1
-0.04%
BNB
BNB
BNB
$1,219.9
-5.62%
XRP
XRP
XRP
$2.52
-2.29%
Solana
Solana
SOL
$204.16
-1.47%
USDC
USDC
USDC
$0.9998
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2058
-2.02%
TRON
TRON
TRX
$0.3179
-1.30%
Cardano
Cardano
ADA
$0.7003
-2.34%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter