The fraudsters stole $21.6 million from over 40,000 investors to fund their lavish lifestyle, which also reportedly included $100,000 spent on sex workers.
Five people have been sentenced to prison for their roles in a $21.6 million crypto fraud scheme — where they reportedly spent the stolen funds on a shark tank, private jet rides, sex workers and a luxury car.
The criminals raked in $21.6 million (20 million euros) from roughly 40,000 investors through multiple investment schemes, including the EXW Wallet and the EXW crypto token, Austrian news outlet Heute reported on Oct. 23.
Two of the defendants were sentenced to five years, two received 30 months, and one other was handed 18 months of prison time. Five were acquitted, while other members have continued to hide from authorities.
