The FBI will use NFTs to contact Clucoin cryptocurrency scam victims

2024-08-23 11:05:22

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ChainCatcher news, according to Cointelegraph, the Florida Attorney General's Office has released a statement saying that CluCoin founder Austin Michael Taylor pleaded guilty to wire fraud on August 15, as he frequently used funds provided by investors for his CluCoin (CLU) project to cover his online gambling habits. The FBI will notify "confirmed victims" of the compensation plan through their NFTs, marking the first time law enforcement has publicly stated it will use NFTs to connect with victims. The U.S. Attorney's Office has also requested that anyone who believes they are a victim of the fraud scheme provide relevant information to the FBI.

Previous news reported that Austin Michael Taylor pleaded guilty to wire fraud on August 15, having transferred a total of $1.14 million in investor funds to his accounts on various cryptocurrency exchanges between May and December 2022, and then moved those funds to online casinos.

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