Texas Court Rejects Debt Relief for Crypto Scheme Operator

Nathan Fuller, former operator of a now-closed cryptocurrency Ponzi scheme known as Privvy Investments LLC, has been denied debt relief in a Texas court ruling. The court found him guilty of concealing assets, falsifying records, and misusing investor funds for personal expenses such as luxury purchases, gambling trips, and the acquisition of a property worth nearly $1 million for his ex-wife. This denial reflects the U.S. Department of Justice’s stance that financial fraud and bankruptcy cases require strong accountability and adherence to legal proceedings.