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Former Cred executives sent to prison in US in cryptocurrency fraud case

( August 29, 2025, 22:32 GMT | Official Statement) -- MLex Summary: Former Cred LLC executives Daniel Schatt and Joseph Podulka were sentenced to 52 months and 36 months in federal prison, respectively, for wire fraud conspiracy after each pleaded guilty over their roles in defrauding customers of Cred, a San Francisco-based firm that provided financial services to holders of cryptocurrency and other assets.Former CEO And CFO Of Cryptocurrency Lender Cred LLC Sentenced To Multiple Years In Prison For Wire Fraud Conspiracy Convictions...

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