🚨 **Crypto Ponzi Scheme Alert!** 🚨

- Disbarred CA attorney David Kagel to pay $14M in restitution for a multimillion-dollar crypto Ponzi scheme.

- Kagel, 86, pleaded guilty and received 5 years probation, to be served in a Las Vegas senior facility.

- The scheme, active from Dec 2017 to June 2022, promised 100% returns in 30 days using AI-driven trading bots.

- Kagel falsely claimed to hold 1,000 Bitcoin in escrow to reassure investors.

- Co-conspirators Saffron and Mazzotta Jr. await trial.

💬 What are your thoughts on the rise of crypto fraud? Share below! 👇