AML Bitcoin founder lands jail term for $10M crypto fraud after FBI, IRS investigation

Rowland Marcus Andrade, the founder of AML Bitcoin, will serve a jail term of 84 months for wire fraud and money laundering. The sentence is linked to a $10 million crypto scam. However, the sentencing follows a five-week trial that concluded in March 2025. According to US prosecutors,  Andrade misrepresented AML Bitcoin’s capabilities and promoted […]

Source: cryptopolitan.com (Read Full Article)