https://apnews.com/a5eb3646841b73d204930f3db63fc719

BOSTON (AP) — The founder of a cryptocurrency and virtual payment services company has been convicted by a federal jury of defrauding investors out of $6 million and spending some of the money on antiques, artwork and jewelry.

Randall Crater, 51, of East Hampton, New York, was convicted in federal court in Boston on Thursday of wire fraud, unlawful monetary transactions, and operating an unlicensed money transmitting business, the U.S. attorney's office in Boston said.