Wolf Capital Founder Sentenced to Five Years for $9.4M Crypto Ponzi Scheme
Travis Ford, the founder of Wolf Capital Crypto Trading LLC, has been sentenced to five years in federal prison for orchestrating a cryptocurrency Ponzi scheme that defrauded 2,800 investors of $9.4 million. The 36-year-old from Glenpool, Oklahoma, promised unrealistic daily returns of 1–2%, amounting to an annualized 547%, to lure victims.
Ford pleaded guilty in January 2025 to one count of conspiracy to commit wire fraud. The scheme operated from January 2023 to August 2023, leveraging the company's website and social media platforms to attract investors. Federal authorities ordered Ford to pay over $1 million in forfeiture and $170,000 in restitution to victims.
The sentencing underscores the Justice Department's crackdown on crypto-related fraud. Wolf Capital's collapse serves as a stark reminder of the risks associated with unverified high-yield investment programs in the digital asset space.
