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Fort Worth Jury Convicts Crypto Founder Caleb Ward Of Fraud

Picture: BlockTelegraph

A Fort Worth jury's verdict convicts crypto founder Caleb Ward of investment fraud through Geosyn Mining, LLC. Ward, 41, was found guilty on November 17 after a six-day trial over clients' cryptocurrency mining investments. The jury convicted Ward on all counts, including conspiracy to commit wire fraud and three wire fraud counts. According to The Dallas Express report, he faces up to 20 years in federal prison for each charge. Jury Convicts Crypto Founder On All Counts US District Judge Mark Pittman presided over the trial, the report said, citing a Justice Department release.

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