Home / General / IcomTech Crypto Ponzi Promoter Sentenced to Nearly Six Years in Prison

IcomTech Crypto Ponzi Promoter Sentenced to Nearly Six Years in Prison

IcomTech promoters used luxury cars and flashy events to project legitimacy while investors lost millions in a crypto Ponzi scheme.

A senior promoter who helped orchestrate a multimillion-dollar crypto Ponzi scheme targeting working-class Spanish-speaking investors was sentenced Thursday to 71 months in federal prison.
Magdaleno Mendoza received a sentence for his role in IcomTec… [3161 chars]

Source: Decrypt | Published: 2025-12-19T04:20:20Z

Credit: Decrypt

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