Wu Shuo learned from relevant court documents in the U.S. state of California that a federal jury found Crypto-Pal founder Daniel Chartraw guilty on multiple counts related to cryptocurrency and investment fraud schemes, with losses nearing $1 million. Investigations show that between 2021 and 2022, he used aliases to conceal his prior criminal record and lured victims into investing in the Crypto-Pal platform with a “principal-protected, high-return” pitch, then diverted all funds for personal use. Chartraw faces up to 20 years’ imprisonment for each count and a $250,000 fine, with sentencing scheduled for September 28, 2026, in the U.S. state of California.