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Former CEO And CFO Of Cryptocurrency Lender Cred LLC Sentenced To Multiple Years In Prison For Wire Fraud Conspiracy Convictions
August 29, 2025

SAN FRANCISCO, California, Aug. 29 -- The office of the U.S. Attorney for the Northern District of California posted the following news release:

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Former CEO And CFO Of Cryptocurrency Lender Cred LLC Sentenced To Multiple Years In Prison For Wire Fraud Conspiracy Convictions

Former Cred LLC executives Daniel Schatt and Joseph Podulka were sentenced today to 52 months and 36 months in federal prison, respectively, for wire fraud conspiracy. Senior U.S. D . . .

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