Judge sentences IcomTech promoter to 8 years to deter ‘crypto frauds’

Judge Jennifer Rochon initially allowed a delay in Gustavo Rodriguez’s sentencing to allow additional testimony but ultimately ordered the IcomTech promoter to prison.

Gustavo Rodriguez, convicted of conspiracy to commit wire fraud for promoting cryptocurrency mining and trading firm IcomTech, has been sentenced to eight years in prison.

In an Oct. 31 hearing in the United States District Court for the Southern District of New York, Judge Jennifer Rochon said she had found “intentional false statements” in Rodriguez’s testimony, necessitating a sentence enhancement to eight years.

According to reporting from Inner City Press in the courtroom, prosecutors argued that the IcomTech promoter was “remorseless” and had “perjured himself for days.”

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