The United States Department of Justice (DOJ) has charged a Texas man for orchestrating the Meta-1 Coin scam that led to users losing over $10 million. A recent press release by the Department disclosed that Robert Dunlap was indicted in Chicago on counts of mail fraud as the case unraveled. Dunlap was arrested in Virginia before being ordered by the District Court for the Eastern District of Virginia to be transferred to Chicago. Charged with four counts of mail fraud, he faces a risk of 20 years per charge according to the DOJ. The Department added that if convicted, the court must impose reasonable sentences under federal statutes and sentencing guidelines.
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