Caleb Ward was getting married, and in the fall of 2022 went to Las Vegas for the wedding with Jeremy McNutt, with whom Ward had founded a bitcoin mining company that had a primary location in Fort Worth.
Ward, the chief executive at Geosyn, which had a facility in Springtown, took $10,000 on the trip. McNutt, the company’s chief operating officer, used a credit card to run up $17,000 in nightclub bills in one night.
The Las Vegas expenditures, though grand, would be fine had they not been made using investor funds, according to federal law enforcement authorities…