Former Attorney Pleads Guilty to Bitcoin ( $61,832.00 ) Fraud That Bilked Investors Out of $5M

According to the charges, Reichenthal and Levine engaged in two fraudulent schemes. In the first one, in 2018, Levine induced a man to wire over $3 million to Reichenthal from an over-the-counter crypto broker to fund the purchase of bitcoin, which was never made. In the second, in 2019, Levine persuaded a Florida man to send over $2 million to Reichenthal for buying bitcoin, which he also never purchased.