
$43 Million Crypto Ponzi Scheme Uncovered in New York
Wire Fraud Indictment Federal authorities have arrested Idin Dalpour for orchestrating a multi-year crypto Ponzi scheme that defrauded investors of over $43 million. The Scheme From 2020 to 2024, Dalpour lured investors through a company called Entity-1. He claimed to be involved in a Las Vegas hospitality venture and a crypto trading operation. Dalpour promised…