Jury Convicts Las Vegas Man of $24M AI Crypto Mining Ponzi Scheme
Brent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC.
Monday, 2 November 2026
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Markets Brief, UK brief (2026-08-25): Brent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC. Primary source: original at Decrypt (decrypt.co).
Jury Convicts Las Vegas Man of $24M AI Crypto Mining Ponzi Scheme
Brent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC.