Crypto conman Thomas John Sfraga has admitted to wire fraud, tricking victims into investing in nonexistent ventures, including bogus crypto schemes. According to the DOJ, Sfraga promised returns as high as 60% in three months. Spoiler alert: it was a Ponzi scheme. 😱 He allegedly swindled over $1.3M from friends and neighbors. Meanwhile, Bitcoin (BTC) is up 8.92% over the past 30 days, trading at $66,860. Altcoins PEPE (PEPE) and dogwifhat (WIF) have seen larger returns, rising by 722% and 656% respectively over the same period. Remember folks, if it sounds too good to be true, it probably is!