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Crypto Conman Sentenced: Investors Duped in $350K Scam—Here’s How

  • Michael Joseph McElhiney sentenced to over three years in federal prison for operating a fraudulent crypto investment scheme.
  • The scheme defrauded multiple investors of more than $350,000.
  • McElhiney presented himself as an experienced operator of a successful crypto investment fund, but the promised investments were never made.
  • Investors were targeted through personal encounters, online interactions, and provided with fabricated data.

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