Crypto Ponzi Scheme King Ford Sentenced to 5 Years in Prison

Travis Ford, founder of Wolf Capital and convicted of a major crypto Ponzi scheme, has been sentenced to five years in federal prison. Ford defrauded approximately 2,800 investors out of $9.4 million by falsely promising them 1-2% daily returns, resulting in an annualized return of 547%. The fraudulent scheme ran from at least January 2023 until August 2023 before he pleaded guilty to one count of conspiracy to commit wire fraud in January 2025. During this period, Ford used online platforms for his promotion and falsely claimed to be a successful trader.