Crypto Justice Served: My Big Coin Founders Ordered to Pay $25.8M for Investor Fraud

Regulators drop the hammer on another crypto scam—proving even in 2025, some things never change.

The Verdict That Shook Crypto

A federal court just made an example of My Big Coin''s founders, slapping them with a $25.8 million penalty for blatant investor deception. The ruling sends shockwaves through DeFi circles—and a few VC-backed ''utility token'' projects just started sweating.

Fraud Doesn''t HODL

While the defendants pitched their coin as ''backed by gold,'' investigators found more red flags than a Bitcoin bull run. Spoiler: the ''gold'' was as real as a Wall Street analyst''s price prediction.

Crypto Grows Up (Kinda)

With this judgment, regulators prove they''re finally matching crypto''s innovation—with better fraud detection. Now if only they could fix their 1990s-era websites...