From Telegram Bragging to Federal-Style Prosecution: The $16 Million Coinbase Impostor Scam Unraveled

Main Facts A 23-year-old resident of Sheepshead Bay, Brooklyn, has been sentenced to a prison term of four to 12 years following one of the most brazen and destructive cryptocurrency social engineering schemes uncovered in recent years. Ronald Spektor orchestrated a sophisticated multi-state fraud campaign that targeted nearly 100 Coinbase users across the United States,…

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The Crypto-Mortgage Gamble: Are Fannie Mae’s New Guarantees Inviting a 2008-Style Collapse?

By Alys Cohen (NCLC) and Corey Frayer (CFA) June 23, 2026 In an unprecedented shift in federal financial policy, the U.S. housing market has been quietly opened to the volatility of the cryptocurrency sector. In March 2026, mortgage lender Better and crypto-exchange giant Coinbase announced a landmark partnership: Fannie Mae, the government-sponsored enterprise (GSE) that…

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