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UK Court Slams 12-Year Prison Sentences in $2.1M Crypto Scam – Justice Served or Just a Drop in the Bucket?
UK Court Slams 12-Year Prison Sentences in $2.1M Crypto Scam – Justice Served or Just a Drop in the Bucket?
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Crypto con artists just got a brutal wake-up call. A UK court threw the book at two fraudsters, sentencing them to a combined 12 years for swindling investors out of $2.1 million in a digital asset scheme. Guess crime doesn’t pay—unless you’re a bank fined 0.0001% of profits for money laundering.
How they pulled it off: Promised moon shots, delivered pocket lint. The duo ran a classic pump-and-dump wrapped in DeFi buzzwords, proving even Web3 can’t escape old-school grift.
The fallout: Victims left holding empty bags while regulators fist-pump the verdict. But with crypto scams still raking in billions yearly, is this really a deterrent—or just performance art for financial watchdogs?
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