Imprisoned Bitcoin Fraudster Fights Loss Amount At 7th Circ.

By Lauraann Wood (March 27, 2024, 6:32 PM EDT) -- A Nigerian man serving eight years in prison for carrying out an $8 million bitcoin fraud scheme told the Seventh Circuit on Wednesday that he should be resentenced because a lower court incorrectly considered $46 million in intended losses while determining his sentencing range....

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