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737 Former California businessman pleads guilty to money laundering in $13 million crypto Ponzi scheme

Silicon Valley
Sierra Van Der Brug @ Silicon Valley · 07/29/2025 08:40 EDT

Former California businessman pleads guilty to money laundering in $13 million crypto Ponzi scheme

Vincent Anthony Mazzotta Jr., 54, promised investors quick, high profits for investing in crypto, using an automated, trading AI robot, according to the U.S. DOJ. 

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