news · Tokens & NFTs
Frosties: Nguyen’s plea and forfeiture confirmed in court order
Nguyen’s March 2025 court order records a guilty plea and $578,899.65 forfeiture. Read the separate Llacuna reporting and later-record limits.
Frosties NFT charging record
Project dossier · EN coverage
The evidence in one view: source records, cited claims and the editions that put them into context.
Tokens & NFTs · Source record: Jan 5, 2026 · Checked: Oct 25, 2026
Archive · Nguyen’s March 2025 plea and forfeiture are verified in the reproduced court order. A January 2026 amended forfeiture order is listed, but its full text was not obtained. Llacuna’s plea remains attributed to courtroom reporting; complete sentencing judgments for both defendants were not obtained.
- Cited claims
- 5
- Source records
- 5
- Related editions
- 3
What the evidence supports
Only claims cited in the visible editions appear here. Each retains its own evidence status.
- Filed allegation
DOJ's March 2022 complaint announcement alleged that Frosties promoters abandoned promised benefits, transferred proceeds and prepared a second collection called Embers.
Supporting excerpt: Two Defendants Charged In Non-Fungible Token (“NFT”) Fraud And Money Laundering Scheme
preparing to launch the sale of a second set of NFTs advertised as “Embers,”
Two Defendants Charged In Non-Fungible Token (“NFT”) Fraud And Money Laundering Scheme ↗ - Adjudicated finding
The court’s 11 March 2025 consent forfeiture order records Ethan Nguyen’s guilty plea to conspiracy to commit wire fraud and his agreement to forfeit $578,899.65. The reproduced order concerns Nguyen individually.
Supporting excerpt: SDNY, Nguyen: consent preliminary forfeiture order, 11 March 2025, ECF 40 (court text reproduced by CaseMine)
the Defendant pled guilty to Count One of the Information
SDNY, Nguyen: consent preliminary forfeiture order, 11 March 2025, ECF 40 (court text reproduced by CaseMine) ↗ - Source reported
Leagle lists an amended final forfeiture order as to specific property dated 5 January 2026 in Nguyen’s case. Only the public listing was reviewed, not the full amended order.
Supporting excerpt: Leagle listing: Nguyen amended final forfeiture order, 5 January 2026 (full text not obtained)
AMENDED FINAL ORDER OF FORFEITURE AS TO SPECIFIC PROPERTY
Leagle listing: Nguyen amended final forfeiture order, 5 January 2026 (full text not obtained) ↗ - Source reported
The Rage’s July 2025 courtroom report states that Andre Llacuna pleaded guilty to wire fraud and money-laundering conspiracy. This is reported status, not a reviewed Frosties judgment.
Supporting excerpt: The Rage, 17 July 2025: courtroom reporting on Llacuna (secondary source)
Llacuna pled guilty to wire fraud and conspiracy to commit money laundering.
The Rage, 17 July 2025: courtroom reporting on Llacuna (secondary source) ↗ - Source reported
Roman Storm’s defence memorandum filed on 30 September 2025 references Llacuna’s trial testimony. It is a party submission in Storm’s case, not a judgment in the Frosties prosecution.
Supporting excerpt: Storm defence memorandum, ECF 230, page 51: reference to Llacuna testimony (party filing, not a judgment)
Llacuna and Ahmed testified that they did not have to log in to Tornado Cash.
Storm defence memorandum, ECF 230, page 51: reference to Llacuna testimony (party filing, not a judgment) ↗
Source register
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