The U.S. Department of Justice (DOJ) has reportedly sentenced the owners of a Cryptocurrency firm, Bitqyck, to 5 years in prison. The acting U.S. Attorney Chad Meacham affirmed the founder's Bruce Bise and Samuel Mendez approximately generated $24 million by exploiting 13,000 investors by lying to their investors, pocketing the proceeds through emerging technology, and concealing the income from the IRS.