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19 September 2021

Authorities To Imprison A Man From Ohio For Defrauding $30 Million In A Cryptocurrency Scam

Authorities To Imprison A Man From Ohio For Defrauding $30 Million In A Cryptocurrency Scam


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Michael Ackerman has pleaded guilty to the crime and might be spending a long time in prison.

According to the US Justice Department, the man pleaded guilty to the multi-million dollar cryptocurrency scam last week.

On September 8, 2021, a US attorney, Audrey Strauss from the New York Southern District, announced that Ackerman had pleaded guilty to the charges.

In addition, Strauss also disclosed that Michael Ackerman used fake documents to deceive the investors.

The announcement also stated that Michael Ackerman has pleaded guilty to wire fraud.

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