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FBI Sentences Crypto Scammer to 18 Months Over Unreported Gains

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Iris Rabaya Au has been sentenced to 18 months in federal prison for failing to report $2.6 million in income derived from cryptocurrency criminal activities.

The FBI confirmed the sentencing and stated that Au must also pay restitution of $1,484,343 alongside the forfeiture of luxury assets.

This case highlights the legal consequences tied to unreported gains in the crypto space, emphasizing a zero-tolerance approach to illicit activities linked to digital assets.

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