The federal jury has just convicted Daniel Chartraw on multiple counts of fraud involving nearly one million dollars. Each charge carries a maximum of 20 years in prison and a $250k fine—sentencing scheduled for September 2026. This case has dragged on long enough, but in the end, he couldn't escape.

According to information reported by Bingjie.com, related court documents from California, the United States show that a federal jury found Daniel Chartraw, the founder of the crypto platform crypto-pal, guilty on multiple charges related to cryptocurrency and investment fraud schemes. The losses involved are nearly $1 million. The investigation found 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 the bait of “principal-protected high returns,” before then misappropriating all the funds for personal use. Chartraw faces up to 20 years of imprisonment for each count and a fine of $250,000. The court has scheduled sentencing for September 28, 2026.