Texas Man Denied Bankruptcy Discharge Over Fraudulent Activities

According to PANews, a Texas resident, Nathan Fuller, has been denied bankruptcy discharge for over $12.5 million in debts by a court due to asset concealment and perjury during bankruptcy proceedings. The U.S. Department of Justice reported that Fuller misappropriated investor funds through his cryptocurrency investment firm, Privvy Investments LLC, for luxury spending and real estate purchases. He admitted that the company operated as a Ponzi scheme. During the bankruptcy process, Fuller falsified documents and provided false testimony. Ultimately, he did not respond to the Department of Justice's complaint, resulting in a ruling that he must continue to bear the full debt, allowing creditors to pursue further recovery.