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US Sends Crypto Promoter to Prison for 20 Years in Multi-Million Dollar Ponzi Scheme

US Sends Crypto Promoter to Prison for 20 Years in Multi-Million Dollar Ponzi Scheme



A cryptocurrency promoter was sentenced to 20 years in prison for running a Ponzi scheme that defrauded thousands of investors, particularly in Spanish-speaking U.S. communities. The scheme, disguised as a crypto mining operation, promised guaranteed returns but left victims unable to withdraw funds while promoters pocketed millions. The fraudster was ordered to forfeit over $3.6 […]



Source: https://news.bitcoin.com/us-sends-crypto-promoter-to-prison-for-20-years-in-multi-million-dollar-ponzi-scheme/

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