Crypto Hedge Fund Manager Gets 3 Years For Tax Evasion

By Craig Clough · July 27, 2026, 8:20 PM EDT

A crypto hedge fund manager who renounced his U.S. citizenship and moved to the Cayman Islands was sentenced to over three years in prison for tax evasion, the U.S. Attorney's Office...

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Case Information

Case Title

USA v. Schmidt

Case Number

1:26-cr-00094

Court

Texas Western

Nature of Suit

Date Filed

February 17, 2026