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Judge sentences Forcount promoter to 30 months behind bars

Antonia Perez Hernandez has been sentenced to 30 months for her involvement in the Forcount Ponzi scheme. Convicted of wire fraud, she admitted to conspiring to defraud investors out of approximately 8.4 million USD. The case underscores continuing legal actions against crypto fraud.

Judge Torres criticized Hernandez’s sale of so-called ‘valueless coins’, highlighting the persistent issues of fraud within the cryptocurrency market. This legal action follows significant prosecutorial changes in the Southern District of New York, marking a notable shift in oversight.

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