Argyle Coin founder escapes $4.5M penalty in digital currency fraud
Jose Angel Aman was sentenced in December 2020 to seven years in jail, in addition to paying $23 million in victim restitution.
Jose Angel Aman was sentenced in December 2020 to seven years in jail, in addition to paying $23 million in victim restitution.
Argyle Coin founder is facing jail time over fraud, the European Commission opens bids for blockchain pre-commercial procurement, and HandCash Connect welcomes the age of nanopayments.
Jose Angel Aman defrauded investors in Canada and the United States from 2014 to 2019, soliciting them to invest in diamond contracts, authorities said.
Jose Angel Aman allegedly solicited investment for diamond contracts from American and Canadian investors.
The Venezuelans are suing Argyle Coin, a cryptocurrency which purports to be backed by diamond reserves.