Texas crypto Ponzi operator denied $12.5M bankruptcy discharge [https://www.thestreet.com/.image/t_share/MjE3NjYyNDMzMDAxNDgxMzU0/gettyimages-2148244186-1.jpg] Texas crypto Ponzi operator denied $12.5M bankruptcy discharge A Texas man behind crypto firm Privvy Investments was denied a $12.5M bankruptcy discharge after admitting to running a Ponzi scheme and falsifying records. [https://www.thestreet.com/crypto/bankruptcy/texas-crypto-ponzi-operator-denied-12-5m-bankruptcy-discharge]