Driven Trading’s Cory Kromray has pled guilty to wire fraud and money laundering.

Following an indictment back in May, Kromray’s guilty plea was submitted on October 10th.

Through Driven Trading and associated ventures, Kromray solicited “approximately” $3.6 million from consumers between September 2018 and August 2024.

On the two of the eleven charges Kromray has pled guilty to;

  • wire fraud carries a maximum 20 year prison sentence, $250 fine and three years of supervised release
  • money laundering carries a maximum 10 year prison sentence, $250,000 fine and three years of supervised release

Both counts additionally carry restitution provisions, meaning Kromray will have to pay back what he misappropriated.

Kromray’s plea agreement pegs losses, pertaining to the specific count Kromray pled guilty to, at $828,266. Kromray will also not contest forfeiture of assets tied to his crimes.

The court has scheduled Kromray’s plea hearing for November 7th, 2025.

The pending January 6th trial date was struck on October 15th, suggesting the court is likely to accept Kromray’s guilty plea on November 7th.