On January 11, an Oklahoma man pleaded guilty to participating in a cryptocurrency investment fraud conspiracy, according to an announcement issued by the U.S. Department of Justice. According to court documents, Travis Ford, 35, of Glenpool, is the CEO, co-founder and chief trader of Wolf Capital Crypto Trading LLC (Wolf Capital), a purported cryptocurrency investment firm. From January 2023 to August 2023, Ford solicited investments through Wolf Capital’s website and other social media and internet-based promotions. Ford describes himself as a sophisticated trader capable of delivering high returns of 1-2% per day (approximately 547% per year). Ford admits he doesn't believe those promised returns on investment will continue to materialize. Ford made such false promises to induce the public to invest in the company. Ford misappropriated and transferred investor funds to benefit himself and his co-conspirators to the financial detriment of investors. Wolf Capital raised $9.4 million from approximately 2,800 investors through fraudulent conduct.