TechFlow news, July 18, according to The Block, the U.S. Federal Grand Jury indicted South Dakota crypto investor Benjamin Paul Wiener on a total of 29 charges including telecommunications fraud, money laundering, bank fraud, and aggravated identity theft. Prosecutors alleged that he solicited investor funds and digital currencies through 8 entities and used new investor funds to repay early investors, causing losses of approximately $20 million to dozens of victims in South Dakota and Minnesota.
Wiener was also accused of forging documents and impersonating others in April 2025 to obtain a $1 million credit line from a financial institution. He has pleaded not guilty to all charges and was released on bail, with the trial tentatively scheduled for September 15.
