ICIJ reports that a Canadian businessman, previously investigated in the Pandora Papers, has been sentenced to a U.S. prison for attempting to conceal over $40 million in cryptocurrency

Patel, founder of Payza, ran a platform that allegedly facilitated criminal activities, including Ponzi schemes and illicit sales. Despite claiming minimal assets during his 2020 sentencing Patel secretly amassed 450 bitcoin in a Binance wallet before moving it to a Blockchain.com account under his father’s name. He later revealed ownership of the funds while filing a legal claim in the UK. Patel had also set up an offshore company during…