US Sentences Promoter of $3.4B Crypto Ponzi Scheme Bitconnect to 38 Months In Prison
A Los Angeles man was sentenced by the U.S. to 38 months federal prison for his involvement in the $3.4 million Bitconnect crypto Ponzi scheme. According to the Department of Justice (DOJ), he admitted that he earned no less than $24million from the scam. All of this money will now be "repaid by investors in […]
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