Robert Dunlap, a man from Texas, sold a token called "Meta-1 Coin," claiming it was endorsed by artworks from masters like Picasso, Van Gogh, Dali, and others.

$20 million, nearly 1,000 victims.

Take a closer look at this scam—

Picasso and Van Gogh have been dead for more than half a century. How could their artworks "endorse" a crypto token from the 2020s?

The answer is: you don’t need to. Just stack the words "Picasso," "Van Gogh," and "blockchain" together, and people will believe.

A 23-year prison sentence shows the U.S. justice system’s stance toward this kind of fraud: zero tolerance.

Let’s compare side by side—

SBF brought down FTX, with users losing billions of dollars, and was sentenced to 25 years.
Dunlap defrauded $20 million and was sentenced to 23 years.

When you work out the ratio, Dunlap’s "prison time per unit amount" is even heavier than SBF’s. What does that tell you?

The FTX case involves politics, Wall Street, and industry influence—SBF’s sentence was mixed with too many political considerations about "making an example." But in a case like Dunlap, a pure scammer, the judge can actually come down hard.

But don’t think justice has really been served.

1,000 victims, $20 million taken. Even if he gets 23 years, how much of the money can be recovered?

Remember this case—not because it’s special, but because—

In the crypto world, there are at least a few thousand projects like "Meta-1 Coin." It’s just that most founders run fast, so even their names can’t be found.

Dunlap’s lesson isn’t "don’t scam," but "don’t scam in the U.S., and don’t get caught."
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