Gustavo Rodriguez, a key figure in the cryptocurrency firm IcomTech, has been found guilty of wire fraud and is awaiting sentencing in a New York court. Rodriguez's legal team requested an evidentiary hearing for his upcoming trial, where he aims to testify. Alongside his colleague David Brend, Rodriguez was charged in connection with IcomTech's founder, David Carmona, for running a crypto Ponzi scheme that defrauded investors of over $8 million. Carmona has already been sentenced to ten years in prison. Rodriguez and Brend face a maximum of 20 and 17-and-a-half years in prison, respectively. The legal proceedings against former IcomTech executives are nearing completion, with sentencing hearings scheduled for the remaining individuals involved in the case. The cryptocurrency exchange FTX, linked to the indictment, is also facing its own legal challenges. Read more AI-generated news on: https://app.chaingpt.org/news