Oklahoma Man Gets 5 Years for $9.4M Wolf Capital Fraud

Crypto News Regulation

Oklahoma Man Gets 5 Years for $9.4 Million Wolf Capital Fraud

Written by Aaron S.,

Editor-In-Chief

Last Updated: November 14, 2025

Key Takeaways

Travis Ford received a five-year prison sentence and must repay over $1 million for leading a crypto scam through Wolf Capital;
Ford falsely promoted daily returns of 1% to 2% to attract investors, knowing such gains were not realistic or sustainable;
Over 2,800 people invested $9.4 million in the scheme, which collapsed after eight months of misleading promotions.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

Oklahoma Man Gets 5 Years for $9.4 Million Wolf Capital Fraud

BITDEGREE IN YOUR SOCIAL FEED

An Oklahoma man has been sentenced to five years in prison for leading a cryptocurrency investment scam that took in millions of dollars from investors before it collapsed.

Travis Ford was sentenced to 60 months in prison on November 13, according to an announcement by the Department of Justice. He will also be under supervised release for three more years once his prison term ends.

In addition to serving time, Ford has been ordered to pay more than $1 million and to repay around $170,000 to the victims.

Crypto Day Trading VS Swapping: What’s More Rewarding? (Animated)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

He co-founded and led Wolf Capital, which he promoted as a platform offering strong returns from cryptocurrency trading. He told potential investors they could earn between 1% and 2% per day, an amount that would add up to more than 500% per year.

These claims were used to attract investors, though Ford later admitted he did not believe such returns were regularly possible.

Between January and August of 2023, Ford used the Wolf Capital website and social media to encourage people to invest. Over 2,800 individuals put in a total of about $9.4 million.

According to the Department of Justice, Ford presented himself as an experienced trader, despite knowing the advertised gains were unrealistic.

Prosecutors said Ford, along with others, misled the public to gain their trust and money. He later told investigators that between $4 million and $5 million had been paid back to investors before the company failed.

Recently, a US appeals court rejected a lawsuit brought by Michael Prime, a man convicted of identity theft. What did the judge say? Read the full story.