Robert Dunlap Sentenced to 23 Years in $20 Million Crypto Fraud Case

• Robert Dunlap got 23 years after the Meta-1 Coin fraud caused $20 million in investor losses.
• Prosecutors said fake gold, art, and audit claims were used to sell Meta-1 Coin.
• The court ordered restitution after nearly 1,000 investors were misled by the scheme.

Federal prosecutors have secured a 23-year prison sentence against Robert Dunlap in a crypto scam tied to Meta-1 Coin. The United States Department of Justice said the fraud caused more than $20 million in losses and affected nearly 1,000 investors.

Court records said Dunlap, a 55-year-old from Houston, ran the scheme from 2018 to 2023. During that period, he promoted Meta-1 Coin as a legitimate digital asset. Prosecutors said the project was built on false claims and fake support.

Crypto Scam Behind Meta-1 Coin

At the center of the case was an entity called the Meta-1 Coin Trust. Through that platform,…

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