Brent Kovar convicted for $24 million crypto Ponzi, SEC actions detailed
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🚨 Brent Kovar convicted for orchestrating a $24 million $BTC Ponzi scheme.
🕵️♂️ Profit Connect promised AI-powered crypto returns but used investor funds for personal gain.
⚖️ Regulators froze assets and issued a federal indictment, with sentencing set for 2026.
📊 Crypto-sector scams and AI fraud raise calls for stricter oversight and market reform.
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