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Daren Li sentenced in crypto-investment fraud case

Law Enforcement
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Daren Li was sentenced by a Californian court to 20 years in prison for a crypto-investment fraud scheme that cost victims over $73m. The sentence was imposed in absentia after Li cut off his electronic tag and disappeared in December 2025. He had already pleaded guilty in November 2024 to laundering victim funds through cryptocurrency scams and related fraud.

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Timeline

  1. 11.02.2026 14:05 2 articles · 3mo ago

    Daren Li sentenced in crypto-investment fraud case

    Initial Disclosure

    In **November 2024**, Daren Li pleaded guilty to laundering crypto-scam proceeds, setting up the later sentencing outcome. He later disappeared after cutting off his electronic tag in **December 2025**.

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