Bitcoin.com
2025-02-16 07:30:40

Clucoin Founder Sentenced to 27 Months for $1.14M Crypto Fraud

The founder of Clucoin, Austin Michael Taylor, was sentenced to 27 months in prison for wire fraud, followed by three years of supervised release, and ordered to pay $1.14 million in restitution and forfeitures. Taylor, 41, from Sykesville, Maryland, used his social media influence to promote Clucoin, a Miami-based cryptocurrency project under his company, CLU

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