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Ireland Excludes Crypto From New Tax-Friendly Accounts
Ireland is rolling out new tax-friendly investment accounts for everyday savers, and crypto is being left out. The move means Irish residents will not be able to hold digital assets like Bitcoin inside these tax-advantaged accounts. Read original article on coinlineup.com
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CFTC warns crypto ATM users that transactions are often immediate and irreversible
A crypto ATM lets you buy digital currency with cash, similar to a normal bank ATM. But the CFTC cautions that these transfers settle right away and cannot be undone, according to the agency's consumer advisory . Read original article on coinlineup.com
CoinLineup
Federal jury convicts Profit Connect owner Brent Kovar in $24M AI crypto fraud case
A federal jury has convicted Brent Kovar, the owner of Las Vegas company Profit Connect, in a $24 million fraud case that prosecutors described as a cryptocurrency Ponzi scheme dressed up with promises of artificial intelligence. Read original article on coinlineup.com
CoinLineup
Las Vegas Man Convicted in $24 Million ‘AI Supercomputer’ Crypto Ponzi
A jury convicted Brent Kovar on 15 counts after he lured roughly 400 investors into a scheme promising fixed returns from an AI supercomputer.
Blockchain Reporter
LayerZero Unveils Trading Infrastructure for Crypto and Tokenized Markets
LayerZero has unveiled a new trading infrastructure aimed at both crypto-native and tokenized markets, extending the interoperability protocol's reach from cross-chain messaging into onchain capital markets. Read original article on tokentopnews.com
TokenTopNews
Brent Kovar convicted for $24 million crypto Ponzi, SEC actions detailed
🚨 Brent Kovar convicted for orchestrating a $24 million $BTC Ponzi scheme. 🕵️‍♂️ Profit Connect promised AI-powered crypto returns but used investor funds for personal gain. ⚖️ Regulators froze assets and issued a federal indictment, with sentencing set for 2026. 📊 Crypto-sect...
COINTURK NEWS
AI and crypto hype collide in a $24M Ponzi conviction
Brent Kovar was convicted on August 24 of running a $24 million cryptocurrency Ponzi scheme, a verdict that comes as the digital-asset industry grapples with record illicit activity and tries to keep fraud cases from undermining investor trust. The Las Vegas businessman ran Profi...
Cryptopolitan
Las Vegas businessman convicted in $24 million 'AI supercomputer' crypto Ponzi scheme
Brent Kovar has been found guilty of running a crypto Ponzi scheme, defrauding at least 400 investors out of $24 million.
CoinDesk
Jury Convicts Las Vegas Man in $24M AI Crypto Mining Ponzi Scheme
The verdict, returned after a nine-day trial, covered 11 counts of wire fraud, two counts of mail fraud, and two counts of money laundering, according to the U. S. The post Jury Convicts Las Vegas Man in $24M AI Crypto Mining Ponzi Scheme was initially published on Coincu.
Coincu
Las Vegas man convicted in $24M crypto Ponzi scheme, his second SEC case
A federal jury convicted Brent C. Kovar on 15 counts of wire fraud, mail fraud, and money laundering on Aug. 24, 2026, after a nine-day trial. Kovar’s company, Profit Connect, took $24 million from at least 400 investors between late 2017 and July 2021 on a false promise of AI-po...
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