Nigerian-born Olalekan Jacob Ponle was sentenced after being convicted on one count of fraud in Chicago. Seven other counts were dismissed following a plea bargain in April.
“While incarcerated, he has used his time well,” said the lawyer. “He has earned several certificates of completion from the MCC, including world government.”
Mr Ponle was arrested in Dubai on June 10, 2020, alongside Ramon Hushpuppi Abbas, currently serving an 11-year sentence for a similar fraud charge.
Mr Woodberry, friend and accomplice of Ramon “Hushpuppi” Abbas serving an 11-year jail term in a U.S. prison, will know his fate on July 11.
The forfeiture filing was dated April 29, 2022, when Bitcoin was trading at $39,457, bringing the value of the haul to $6 million.
