The U.S. justice system has sent away an individual behind one of the largest global cryptocurrency investment scam cases, for two decades. While the sentence signals accountability, the individual remains a fugitive after cutting off his electronic ankle monitor and fleeing in December 2025.

Daren Li, a 42-year-old dual national of China and St. Kitts and Nevis, has been sentenced in absentia to 20 years in prison for carrying out a $73 million cryptocurrency fraud scheme that targeted American victims. Inside the $73 Million Global Cryptocurrency Investment Scam

According to court documents, Li pleaded guilty in November 2024 to conspiring to launder funds obtained through cryptocurr...