This is a twist — John Gotti's grandson was caught in a massive COVID loan theft through crypto. The guy received about $1.1 million in aid, then spent around $420,000 on crypto projects. The typical scheme: taking money supposedly for a business, but actually directing it into crypto. The court sentenced him to 15 months in prison plus to repay $1.27 million. Interestingly, the Gotti grandson story shows how the crypto sector has become a convenient tool for laundering government aid during the pandemic. Regulators are only now starting to understand the scale of these schemes. It turns out that cryptocurrency made all of this easier.