Brent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC.

A federal jury convicted Las Vegas businessman Brent Kovar in a $24 million cryptocurrency scheme involving at least 400 investors.

Las Vegas business owner Brent Kovar was convicted of running a $24 million crypto Ponzi scheme that defrauded at least 400 investors.