⚠️ Crypto News Alert! ⚠️

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

- From December 2017 to June 2022, he and two co-conspirators defrauded investors of $15 million by promising high returns with no risk.

- Kagel used his law firm's letterhead to build trust with victims.

- His co-conspirators are scheduled to go to trial in April 2024.