In a victory for US law enforcement and crypto fraud victims, a federal court has sentenced a crypto scam kingpin for his central role in an international pig butchering cryptocurrency investment scam that defrauded victims of more than $73 million.
Authorities identified Daren Li, a 42-year-old dual citizen of China and St. Kitts and Nevis, as a core member of a sprawling global syndicate that used romance-baiting and investment fraud tactics to separate victims from their crypto holdings.
Th
