**Crypto Ponzi Scheme Unravels: 86-Year-Old Attorney Sentenced**

- An 86-year-old ex-California attorney, David Kagel, has been sentenced to five years probation and nearly $14 million in restitution for his role in a crypto Ponzi scheme.

- Kagel, now in hospice care, admitted to conspiracy to commit commodity fraud, defrauding victims out of $15 million with promises of high returns and no risk.

- Using his law firm's letterhead, Kagel lured investors into a fake crypto bot trading scheme, claiming to hold 1,000 BTC in escrow.

- His accomplices await trial, while Kagel will serve his probation in a seniors facility. 🚀