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Market Cap$ 2.28T-0.30%

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DominanceBTC56.38%0%ETH9.51%+0.32%

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Miami luxury car rental business owner and expired visa holder face $13M DOJ crypto fraud indictment

May 12, 2026

< 1 min read

by Hannah Collymore

for CryptoPolitan

Miami luxury car rental business owner and expired visa holder face $13M DOJ crypto fraud indictment

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AI Overview

A 19-year-old Canadian and a Miami associate were charged by a federal grand jury over a $13 million crypto scam involving investor losses. The indictment underscores heightened regulatory enforcement and security risks for crypto and DeFi projects, creating reputational and adoption headwinds for the market.

Bearish

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A 19-year-old Canadian and his Miami associate were charged by a federal grand jury for a $13 million crypto scam.

Read the article at CryptoPolitan

Predictions Markets

See what traders are focused on

View analytics →

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Predictions Markets

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