You Can't Undo a $6M Crypto Fraud Conviction! | Crypto

You Can’t Undo a $6M Crypto Fraud Conviction!

-Randall Crater, owner of the allegedly fraudulent business, My Big Coin, was denied an acquittal and retrial on Thursday after a jury had found him guilty last month of defrauding investors and customers of more than $6 million.
-In a brief ruling without explanation, U.S. District Judge Denise J. Casper denied the motion by Randall Crater, the owner of the allegedly fraudulent business, My Big Coin, to reverse the July 21 conviction.
-Crater had argued that the prosecution failed to show that he lied about a supposed business partnership with Mastercard or that he misappropriated customer funds.

law360 stacked 2 You Can't Undo a $6M Crypto Fraud Conviction!

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