International edition Finance & trade

Sunday, 8 November 2026

National Trade News

Independent coverage of global markets, trade and finance

Crypto

Jury Convicts Las Vegas Man of $24M AI Crypto Mining Ponzi Scheme

National Trade News policy desk (2026-08-25): Brent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC. Primary source: original at Decrypt (decrypt.co).

· Decrypt

Jury Convicts Las Vegas Man of $24M AI Crypto Mining Ponzi Scheme

Brent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC.

Read at source