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CryptoSlate
CryptoSlate|Aug 26, 2026 10:36
A federal jury convicted Profit Connect owner Brent Kovar on 15 fraud and money-laundering counts tied to a $24M AI-crypto scheme involving at least 400 investors. Prosecutors said promised 15%–30% returns came from investor money, not crypto profits. Sentencing is Nov. 30. https://cryptoslate.com/profit-connect-owner-convicted-over-24m-ai-crypto-fraud-scheme/(CryptoSlate)
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