Crypto Crook: 7-Year Sentence for Lies & Luxury
On the fateful day of July 29, the Department of Justice, led by the discerning Chief U.S. District Judge Richard Seeborg, delivered the verdict. Following a five‑week spectacle of courtroom theatrics, Andrade—aged 47—was found guilty of orchestrating an elaborate fraud. His purportedly revolutionary digital currency, which had promised to reshape the financial landscape, turned out to be nothing more than an intricate façade. With an additional three years of supervised release looming and restitution hearings set for September 16, his tale of hubris and downfall continues to unfold. 😏