US DOJ indicted South Dakota crypto investor Benjamin Paul Wiener on 29 counts for alleged $20 million investor fraud with trial set for September 15.
Regulation & Gov ·
A grand jury in South Dakota has brought 29 charges against Benjamin Paul Wiener, a Sioux Falls-based investor, in connection with an alleged scheme that defrauded victims of approximately $20 million. The Department of Justice pursued the indictment, and Wiener now faces trial beginning September 15.
The charges reflect allegations spanning the crypto investment space, though specific details of the claimed fraud—including the mechanics of how funds were misappropriated, the identities and number of victims, or which cryptocurrencies or platforms were involved—remain undisclosed in available reporting. The breadth of the indictment, spanning nearly three dozen counts, suggests prosecutors have identified multiple distinct violations or victims across the alleged scheme.
It is not yet clear whether Wiener has entered a plea, retained counsel, or made any public statement regarding the charges. The September trial date will determine the next stage of the legal proceedings.