AiCoin
AiCoin|Sep 10, 2025 21:17
[Texas Man's Crypto Ponzi Scheme Bankruptcy Exemption Rejected] The U.S. Texas Bankruptcy Court has rejected Nathan Fuller's request for bankruptcy exemption, requiring him to bear over $12.5 million in debt in full. Fuller previously operated the crypto investment firm Privvy Investments LLC, which was accused of running a Ponzi scheme and misusing investor funds. An investigation by the U.S. Trustee Program (USTP) revealed that he concealed assets, forged documents, and obstructed bankruptcy proceedings. The court ultimately denied his debt exemption application.
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