hugh austin

Hugh Austin's Crypto Scam Exposes a Fatal Flaw in Regulation

Hugh Austin's Crypto Scam Exposes a Fatal Flaw in Regulation

Hugh Austin, a 62-year-old from Port Jefferson, New York, will spend the next 18 years in prison for orchestrating a $12 million crypto fraud. Justice, you might think, has been served. I'm here to tell you that Austin's crimes are merely a symptom of a much larger, more insidious problem:...
Hugh Austin's Victims: A Wake-Up Call for Crypto Investors

Hugh Austin's Victims: A Wake-Up Call for Crypto Investors

Eighteen years. That’s how long commodore Hugh Austin, the architect of a $12 million crypto swindle, will spend behind bars. Though justice may seem like it’s been served on paper, can it ever be enough to pay for the destruction he caused? This is not just a statistical issue. These...