# Las Vegas businessman convicted in $24 million 'AI supercomputer' crypto Ponzi scheme

https://mins.news/en/item/32038

- CoinDesk, 2026-08-25 11:46 UTC
- Economy
- Original: https://www.coindesk.com/policy/2026/08/25/crypto-supercomputer-ponzi-schemer-convicted-faces-up-to-280-years-in-prison

> Brent Kovar was convicted of operating a cryptocurrency Ponzi scheme that defrauded at least 400 investors of $24 million.

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