🚨 Breaking News: Former Attorney Sentenced for $15M Crypto Ponzi Scheme 🚨

David Kagel, an 86-year-old ex-lawyer, has been sentenced to five years of probation for orchestrating a massive cryptocurrency Ponzi scheme. The Las Vegas federal court ruling also mandates Kagel to pay $14 million in restitution to his victims.

From 2017 to 2022, Kagel and his accomplices duped investors with promises of high returns from a fake crypto bot trading program. Instead, they used new investments to pay off earlier ones, a classic Ponzi move.

Despite the scam, Bitcoin remains a beacon of innovation and potential in the crypto world. 🌟💪 #Bitcoin #CryptoNews