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Stefan Qin
sentenced
Virgil Capital founder; sentenced in a U.S. fraud case involving misrepresentations and misappropriation tied to a crypto-focused fund (per DOJ public releases).
Status
sentenced
Jurisdiction
US
Tags
virgil-capital, hedge-fund, fraud, stablecoin, legal-case
Last updated
2026-02-03
Details
- DOJ described investor losses tied to misrepresentations and misuse of assets.
- Status marked sentenced; update with restitution/forfeiture totals if needed.
- US-first: SDNY prosecution.
- Images intentionally omitted unless a clearly licensed (CC/PD) image is verified.
Timeline
2021-07-12
DOJ (SDNY) announced that Virgil Capital founder Stefan Qin was sentenced in connection with a fraud scheme involving a cryptocurrency hedge fund.
• Founder Of Cryptocurrency Hedge Fund Virgil Capital Sentenced To More Than Seven Years In Prison (U.S. Department of Justice (SDNY) press-release)