Firm Founder Sentenced, Five Years, Defrauding Investors — Cryptocurrency Investment Firm Founder Sentenced to Five Years in Prison for Defrauding Investors in $9.4M Ponzi Scheme | United States Justice Department.
Ford then misappropriated and diverted investor funds to benefit himself and his co-conspirators, to the financial detriment of investors.In January 2025, Ford pleaded guilty to one count of conspiracy to commit wire fraud.Acting Assistant Attorney Matthew R. announcement Cryptocurrency Investment Firm Founder Sentenced to Five Years in Prison for Defrauding Investors in $9.4M Ponzi Scheme Friday, November 14, 2025 Share Facebook X LinkedIn Email For Immediate Release Office of Public Affairs An Oklahoma man was sentenced yesterday to 60 months in prison and ordered to pay over $1 million in forfeiture and
over $170,000 in restitution for his leading role in a cryptocurrency investment fraud conspiracy.court filings state and admissions, Travis Ford, 36, of Glenpool, Oklahoma, was the CEO, co-founder, and head trader of Wolf Capital Crypto Trading LLC, a cryptocurrency investment firm that raised $9.4 million from approximately 2,800 investors. As part of his guilty plea, Ford admitted that he did not believe those promised investment returns were possible to achieve consistently. Galeotti and Inspector in Charge Eric Shen of the U.S. Liolos of the Justice Department’s Fraud Section is prosecuting the case.
Updated November 14, 2025 Components Criminal Division Criminal – Criminal Fraud Section announcement Number: 25-1067. From at least January 2023 through at least August 2023, Ford solicited investments through the company website and other social media and internet-based promotion activities. Ford held himself out as a sophisticated trader, able to deliver high returns of 1–2% per day (approximately 547% per year). Instead, Ford and his co-conspirators allegedly made such false promises to induce members of the public to invest money in the company. Postal Inspection Service (USPIS) Criminal Investigations Group made the announcement.The USPIS is investigating