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GREEDY CEO FOUND GUILTY: CRYPTO CRIME TAKES A FALL!

Justice Finally Descends on Rogue Cryptocurrency Kingpin!

In a jaw-dropping turn of events, Rowland Marcus Andrade, the notorious founder of the now-defunct AML Bitcoin token, has been arrested for a staggering scheme that raked in millions—only to line his own pockets with lavish luxuries!

How Did It All Go Down?

Let’s rewind! Andrade, once hailed as a crypto innovator, actually engineered a plot so sinister it reeks of betrayal. The U.S. Attorney’s Office in Northern California has pulled back the curtain on a blatant wire fraud and money laundering operation that fooled investors out of $10 million! This wasn’t just a tech flop; this was murder—of trust!

For five grueling weeks, a jury peeled back the layers of deception Andrade plotted, revealing that he peddled false information about AML Bitcoin, including nonexistent partnerships that had investors daydreaming of riches. Of particular note? Claims that the Panama Canal Authority was on the verge of accepting his token for shipping payments—pure fantasy!

Lavish Life or Life Behind Bars?

After rolling in dough from desperate investors, Andrade forked out over $2 million on personal pleasures, including multiple luxury cars and plush properties in Texas. But his extravagant lifestyle comes at a cost. He’s now facing years in prison and has been sentenced to three years of supervised release. Not to mention, he will be compelled to forfeit every single penny gained through his deceitful scam!

U.S. Attorney Craig H. Missakian didn’t mince words: “The defendant made one false claim after another… He exploited numerous investors… Today, Andrade learned the price of his greed.”

What Comes Next?

Mark your calendars—September 16 is the date set for a hearing to decide how much Andrade will pay back to his betrayed victims. Will they see a dime of their hard-earned cash? Stay tuned!

The Rise and Fall of a Crypto Con

Andrade’s twisted saga began back in 2014, when he launched the NAC Foundation and hyped up the AML Bitcoin with promises of groundbreaking technology, including built-in anti-terrorism features. But when the SEC and DOJ got involved in 2020, the truth was undeniable: no product ever materialized! And the wheels of justice finally began to turn.

Fast forward to now, and we are witnessing the fall of a crypto con artist! Andrade’s name is now synonymous with deception, proving that while cryptocurrencies may offer potential, they also harbor danger—especially in the hands of the greedy!

Don’t Be Fooled Again!

Investors, take note: the cryptocurrency marketplace is a wild west filled with potential pitfalls. Stay vigilant, and do your homework!