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AiCoin
AiCoin|Nov 14, 2025 14:42
[Wolf Capital Founder Sentenced to Five Years for $9.4 Million Crypto Ponzi Scheme] Oklahoma man Travis Ford has been sentenced to five years in prison for operating a $9.4 million Ponzi scheme through the crypto investment platform Wolf Capital Crypto Trading. He has also been ordered to forfeit over $1 million in assets and pay more than $170,000 in restitution. Court documents reveal that between early 2023 and August, Ford attracted approximately 2,800 investors with promises of 'daily returns of 1–2%,' but the funds were actually diverted for personal and accomplices' benefit, resulting in investor losses. He pleaded guilty in January 2025.
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