Robert Dunlap Sentenced to 23 Years for $20 Million Cryptocurrency Scam
Robert Dunlap has been sentenced to 23 years in prison for orchestrating a cryptocurrency scam that defrauded over 1,000 investors of more than $20 million. Operating between 2018 and 2023, Dunlap promoted a digital asset called 'Meta-1 Coin' through various channels, falsely claiming it was backed by $44 billion in gold and a $1 billion art collection. Despite previous SEC actions against him, Dunlap continued his fraudulent activities until criminal charges were filed in 2024. The scam involved fake audit documents and promises of exorbitant returns, which were never realized. 
