Texas Crypto Ponzi Operator Nathan Fuller Denied $12.5M Bankruptcy Discharge
Nathan Fuller, a Texas man, has been denied a bankruptcy discharge of over $12.5 million by the U.S. Bankruptcy Court after the U.S. Trustee Program (USTP) successfully challenged his Chapter 7 filing. Fuller, who ran the crypto trading company Privvy Investments LLC, allegedly concealed assets, lied in bankruptcy documents, and diverted investor funds to luxury purchases, gambling, and a home for his ex-wife. After being sued by investors, a receiver took possession of his assets. Fuller admitted to operating Privvy as a Ponzi scheme, falsifying documents, and giving false testimony, but failed to respond to the USTP’s complaint, resulting in a default judgment. He remains liable for his $12.5 million in debts.