According to PANews, Vincent Anthony Mazzotta Jr., also known as Vincent Midnight, Delta Prime, and Director Vinchenzo, has confessed to charges of money laundering and obstruction of justice. The Arizona resident, along with accomplices, deceived investors by falsely promising high returns through AI-powered trading bots in the cryptocurrency market. They lured investments into companies such as Mind Capital and Cloud9Capital, amassing over $13 million. Additionally, they fabricated a government agency named 'Federal Crypto Reserve' to further defraud victims. Mazzotta attempted to destroy evidence and falsify company records to conceal the crimes. He faces a potential maximum sentence of 15 years in prison.