Driven Trading’s Cory Kromray has pled guilty to wire fraud and money laundering.
Following
an indictment
back in May, Kromray’s guilty plea was submitted on October 10th.
Through Driven Trading and associated ventures, Kromray solicited “approximately” $3.6 million from consumers between September 2018 and August 2024.
On the two of the eleven charges Kromray has pled guilty to;
wire fraud carries a maximum 20 year prison sentence, $250 fine and three years of supervised release
money laundering carries a maximum 10 year prison sentence, $250,000 fine and three years of supervised release
Both counts additionally carry restitution provisions, meaning Kromray will have to pay back what he misappropriated.
Kromray’s plea agreement pegs losses, pertaining to the specific count Kromray pled guilty to, at $828,266. Kromray will also not contest forfeiture of assets tied to his crimes.
The court has scheduled Kromray’s plea hearing for November 7th, 2025.
The pending January 6th trial date was struck on October 15th, suggesting the court is likely to accept Kromray’s guilty plea on November 7th.
Update 8th November 2025 –
The court accepted Kromray’s guilty plea on November 7th. Sentencing has been scheduled for February 5th, 2026.
Update 8th February 2026 –
Cory Kromray was
sentenced to 68 months in prison
on February 6th, 2026.
🤖 Quick Answer
What did Cory Kromray plead guilty to in the Driven Trading case?Cory Kromray pleaded guilty on October 10th to two counts: wire fraud and money laundering. He had been indicted in May in connection with Driven Trading and associated ventures, through which he solicited approximately $3.6 million from consumers between September 2018 and August 2024.
What penalties does Cory Kromray face for his Driven Trading guilty plea?
Wire fraud carries a maximum 20-year prison sentence, a $250,000 fine, and three years of supervised release. Money laundering carries a maximum 10-year prison sentence, a $250,000 fine, and three years of supervised release. Both counts include restitution provisions requiring Kromray to repay misappropriated funds.
**How much money did Cory Kromray sol
📰 Aggiornamenti e Notizie Correlate
(aggiornato al 17/04/2026)1. DJ Carey pleads guilty to fraud charges over fake cancer claims - BBC — Wed, 02 Jul 2025 10:12:57 GMT
DJ Carey pleads guilty to fraud charges over fake cancer claims Hurling star DJ Carey pleads guilty to fraud over fake cancer claims Image 1: PA Media DJ Carey in dark suit, grey shirt and brown tie, appearing at court.PA Media Former Kilkenny hurler DJ Carey has pleaded guilty to 10 charges related…2. Guilty plea in $380 million Ponzi scheme, feds say - CBS News — Thu, 22 Jan 2026 09:57:51 GMT
Guilty plea in $380 million Ponzi scheme, feds say. Atlanta — A financial adviser in Georgia pleaded guilty Wednesday to wire fraud in a Ponzi scheme that bilked more than 2,000 people out of $380 million, federal authorities announced. Prosecutors accused Todd Burkhalter, the founder and CEO of…
3. New York AG Letitia James pleads not guilty to federal bank fraud charges - NBC News — Fri, 24 Oct 2025 20:02:08 GMT
New York AG Letitia James pleads not guilty to federal bank fraud charges ## New York AG Letitia James pleads not guilty to federal bank fraud charges ## 'I will not be deterred': NY AG Letitia James speaks after pleading not guilty to bank fraud charges * ## Trump Terminates Trade Talks With Canada…4. Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse - Reuters — Tue, 12 Aug 2025 22:17:12 GMT
Item 1 of 3 Do Kwon, a South Korean cryptocurrency executive charged with fraud, stands with his attorney David Patton to plead guilty in front of U.S. District Judge Paul Engelmayer in New York City, New York, U.S., August 12, 2025 in this courtroom sketch. [1/3]Do Kwon, a South Korean cryptocu…5. Financier Who Offered ‘Guaranteed’ High Yields Pleads Guilty to Fraud - WSJ — Sat, 14 Mar 2026 15:39:00 GMT
Financier Who Offered ‘Guaranteed’ High Yields Pleads Guilty to Fraud - WSJ. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/investing/financier-who-offered-guaranteed-high-yields-pleads-gu…6. Crypto Entrepreneur Do Kwon Pleads Guilty to Fraud Charges Stemming From Crypto Crash - The Wall Street Journal — Tue, 12 Aug 2025 16:24:00 GMT
Crypto Entrepreneur Do Kwon Pleads Guilty to Fraud Charges Stemming From Crypto Crash - WSJ Image 1 For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/currencies/crypto-entrepreneur-do-kwon-pl…🔗 Related Articles
- Practical Financial Investment Group Review: Mail fraud gifting
- Trevon James facing $2 million BitConnect SEC clawback
- AI Global Review: Quantitative trading “click a button” Ponzi
- Michael Noble also likely facing BitConnect criminal charges
- Default entered against Trevon James in BitConnect class-action
Trevon James