Man sentenced to eight years owes 29 victims more than $3.5 million

A federal judge in New Hampshire has determined that a man sentenced to eight years in prison for running an unlicensed bitcoin exchange business owes 29 victims more than $3.5 million in restitution. Prosecutors said Ian Freeman, a libertarian activist and radio show host, created a business that catered to fraudsters who targeted elderly women with romance scams, serving as “the final step in permanently separating the victims from their money.” The judgment was entered Friday and announced by the U.S. attorney’s office Tuesday. Freeman’s attorney, Mark Sisti, said the judgement was a negotiated agreement and that he was pleased with the outcome.