CRYPTO | MARKET WATCH
WHY THIS IS ON THE RADAR
Business owner faces up to 280 years over $24M crypto Ponzi scheme
WHAT THE SOURCE REPORTS
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.
WHAT WOULD CONFIRM IT
A sustained price reaction with real volume, not the first headline candle.
Tone: The useful signal is the market response: sustained volume, a defended level, and follow-through..
risk-negative
WHY THIS IS ON THE RADAR
Business owner faces up to 280 years over $24M crypto Ponzi scheme
WHAT THE SOURCE REPORTS
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.
WHAT WOULD CONFIRM IT
A sustained price reaction with real volume, not the first headline candle.
Tone: The useful signal is the market response: sustained volume, a defended level, and follow-through..
risk-negative
