Cryptocurrency Founder and Ceo Convicted Of Wire Fraud And Money Laundering

Mar 18, 2025 04:42PM ● By Department of Justice News Release

A federal jury today convicted Rowland Marcus Andrade of wire fraud and money laundering in connection with the fraudulent marketing and sale of a cryptocurrency called AML Bitcoin, a scheme that raised millions of dollars through false and misleading statements to investors about the cryptocurrency and the purported technology behind it.