News86-year-old to pay $14M after admitting to running crypto Ponzi scheme Crypto Superhero / October 9, 2024 Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health. Source: https://cointelegraph.com/news/86-year-old-pays-14-million-for-running-crypto-ponzi-scheme?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound