CryptoMediaClub
Monday, October 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

57-Year-Old Las Vegas Resident Charged for Alleged Participation in $45M CoinDeal Scam: DOJ

22.05.2023
A A
0
126
VIEWS
ShareShare

Months after the Securities and Exchange Commission charged eight people allegedly involved with orchestrating the $45 million CoinDeal scam, the Department of Justice has gone after another party.

A 57-year-old resident of Las Vegas, Bryan Lee, was charged with conspiring with the main culprit believed to be behind the scam that defrauded over 10,000 investors.

  • The DOJ’s statement alleged Lee of working alongside Neil Chandran and other involved parties to defraud investors via one of the companies Chandran controlled.
  • Chandran was behind several Metaverse-related entities, including Free Vi Lab, ViDelivery Inc., and ViMarket Inc., that promised suspiciously high returns to investors, which were supposed to be acquired “by a consortium of wealthy buyers.”

“As further alleged, Lee was the nominee owner and director of ViMarket, and took direction from Chandran for how to disburse investor funds received into ViMarket’s bank accounts. Lee and Chandran allegedly misappropriated millions of dollars of investor funds and spent it on luxury cars and real estate.” – reads the statement.

  • Lee faces several charges, including indictment with one count of conspiracy, two counts of mail fraud, one count of wire fraud, and three counts of engaging in monetary transactions in criminally derived property.
  • He could get up to 20 years in prison for each of the mail fraud, conspiracy counts, and wire fraud, and another 10 for each count of engaging in criminal monetary transactions.
  • The SEC charged Chandran and seven others back in January this year for their involvement in the CoinDeal scheme. Chandran was arrested in June 2022.
  • Another party, Michael Glaspie, who was responsible for the marketing of CoinDeal, pleaded guilty to one count of wire fraud earlier this year and will be sentenced in mid-June.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share10Tweet6ShareSharePin2

Related Posts

DOGE Price Prediction: Dogecoin Price Up 43% YoY As DOGE Breaks Resistance – Is $0.5 Coming in November 2025?
All news

DOGE Price Prediction: Dogecoin Price Up 43% YoY As DOGE Breaks Resistance – Is $0.5 Coming in November 2025?

27.10.2025
0

Doge ended the week right where it started, still sitting above that 0.20 level like it owns the place. It...

Read moreDetails
Q3 2025: Bitcoin Surged to ATH But With ‘Notable Laggard’ as Ethereum Led the Quarter

Q3 2025: Bitcoin Surged to ATH But With ‘Notable Laggard’ as Ethereum Led the Quarter

27.10.2025
[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

27.10.2025
Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

27.10.2025
China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

27.10.2025
Load More
Next Post
U.S Presidential Contender Robert F. Kennedy Jr. To Accept BTC Contributions

U.S Presidential Contender Robert F. Kennedy Jr. To Accept BTC Contributions

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Why Polygon is Dipping? MATIC Hits Lowest Price Since January 2023

Why Polygon is Dipping? MATIC Hits Lowest Price Since January 2023

2 years ago
Harvard Students Plan to Create Bitcoin-Backed Stablecoins

Harvard Students Plan to Create Bitcoin-Backed Stablecoins

1 year ago
Bitcoin Price Soars Past $55,000 as ETF Trading Volume Surges Amid Market Volatility

Bitcoin Price Soars Past $55,000 as ETF Trading Volume Surges Amid Market Volatility

1 year ago
Deloitte on a crypto hiring spree, reveals LinkedIn job postings

Deloitte on a crypto hiring spree, reveals LinkedIn job postings

3 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

Bitcoin rally smashes past $116k on softer Fed bets: What changes next?

China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

Crypto Transfers Between Korean Exchanges and Cambodia’s Huione Jump 1,400x to $8.9M

Bitcoin Nears $116K as Stocks Rally on Signs of Thaw in US-China Trade Tensions

Trending

Crypto’s week ahead: Everything you need to know to close out October
Analysis

Crypto’s week ahead: Everything you need to know to close out October

27.10.2025
0

Bitcoin price sits around $115,000 as the Federal Reserve meets this week. Policy risk concentrates around Wednesday’s...

DOGE Price Prediction: Dogecoin Price Up 43% YoY As DOGE Breaks Resistance – Is $0.5 Coming in November 2025?

DOGE Price Prediction: Dogecoin Price Up 43% YoY As DOGE Breaks Resistance – Is $0.5 Coming in November 2025?

27.10.2025
Q3 2025: Bitcoin Surged to ATH But With ‘Notable Laggard’ as Ethereum Led the Quarter

Q3 2025: Bitcoin Surged to ATH But With ‘Notable Laggard’ as Ethereum Led the Quarter

27.10.2025
[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

27.10.2025
Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

27.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz