The DOJ just indicted the founder of Gotbit for fraudulently earning 'tens of millions.'

Evan Frederick Light faces up to 20 years behind bars for each charge, including conspiracy to commit wire fraud and launder monetary instruments.

Malone Lam and Jeandiel Serrano were arrested by the FBI Wednesday and charged with wire fraud and money laundering.

On July 22, two of the five individuals who allegedly stole $8.4 million from investors between 2017 and 2021 by promoting Forcount pleaded guilty.