Texas Court Dismisses Crypto Ponzi Scheme Fraudster’s Bankruptcy Bid

A Texas court has denied Nathan Fuller, the operator of Privvy Investments LLC, bankruptcy protection in a $12.5 million crypto fraud case. Fuller is accused of running a Ponzi scheme that defrauded investors. He now faces financial responsibility for the losses incurred. The decision underscores regulatory efforts to hold individuals accountable for crypto fraud and maintain trust within financial systems, but has no immediate impact on the cryptocurrency market.