Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

NY Court Orders $58M Restitution for Bitcoin Ponzi Scammer Renwick Haddow

Guavy AI Editorial Team
Instruments
BTC
Share

Renwick Haddow, a notorious Ponzi scammer, has been ordered by a New York court to pay $58.2 million in restitution to his victims.

The order was signed on July 23, 2026, by Judge Laura Taylor Swain of the New York Southern District Court.

Haddow pleaded guilty to wire fraud and conspiracy charges related to two investment schemes: Bitcoin Store and Bar Works.

He solicited investments in these start-up companies from November 2014 through June 2017, making material misrepresentations about their management, operations, and performance.

Haddow was arrested in Morocco in July 2017 on a provisional arrest warrant for participating in these schemes.

More on Crypto

Crypto just now

BPI Unveils Stablecoin Remittance Pilot for Filipino Workers

Crypto 1m ago

BitMEX Shuts Down Without Triggering Financial Crisis

Crypto 1m ago

Ethereum Eyes $2,000 Mark as Recovery Continues

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy