[California Man Sentenced to 51 Months for $37 Million Crypto Fraud] The U.S. Department of Justice announced that a man from La Puente, California, was sentenced to 51 months in prison for his involvement in a $37 million crypto fraud and money laundering scheme, and he is required to pay $26.9 million in restitution. Along with his accomplices, he received funds through the Bahamian company Axis Digital, transferred them to a Deltec Bank account, converted them to USDT, and moved them to fraudulent wallets. This case is part of the Department of Justice's efforts to combat transnational crypto fraud.