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Zadeh Kicks Founder Sentenced to 70 Months for Sneaker Fraud

The wire and bank fraud conspiracy begat the infamous collapse of the online platform and $80 million in losses for customers and financial institutions.
Growth in the APAC region will be a focus for sneaker resale platforms moving forward. Shutterstock.
The sentencing signalled the end of a case that sent shockwaves through the sneaker reselling market, which reached record highs during the 2020 pandemic. (Shutterstock)

The founder of sneaker reseller Zadeh Kicks was sentenced to almost six years in prison for a fraud conspiracy that led to the infamous collapse of the online platform and $80 million in losses for customers and financial institutions.

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