In a major victory for law enforcement against crypto-related crimes, the US District Court in Las Vegas has ordered David Kagel to pay a hefty $14 million fine. Kagel's sentencing follows his guilty plea in connection with a multi-million dollar crypto Ponzi scheme. According to Cointelegraph, Kagel and two fellow conspirators lured unsuspecting victims into investing in a fraudulent cryptocurrency bot trading operation. The scheme promised investors substantial returns on their investments. However, as is typical with Ponzi schemes, the profits were primarily generated from the influx of new investors' funds rather than any legitimate trading activities. Kagel's massive fine serves as a stark reminder of the severe consequences individuals may face for perpetrating financial crimes involving cryptocurrency. It also emphasizes the increasing efforts of law enforcement agencies to crack down on such illegal activities.