Federal jury convicts Crypto-Pal promoter over no-risk return claims that cost investors nearly $1M

Federal jurors convicted a former cryptocurrency promoter after prosecutors linked him to investment fraud schemes that cost investors nearly $1 million. The case focused on Crypto-Pal, which was marketed as a cryptocurrency trading business promising guaranteed high returns with no risk. Prosecutors said investors were lured by assurances of risk-free gains that did not materialize.