Author Topic: $722 Million Bitcoin Biz Was a Giant Ponzi Scam, Leader Admits (Read 1390 times)

MRM · « **on:** September 05, 2020, 06:26:23 PM »

The Californian man faces up to five years in prison. A leader of a Bitcoin Ponzi scheme that took in $722 million has pleaded guilty in front of a New Jersey court.

Joseph Frank Abel, 50, of Camarillo, California, said that he admitted to conspiring to offer and sell cryptocurrencies as part of the BitClub Network, a crypto mining Ponzi scheme worth at least $722 million, US Attorney Craig Carpenito announced yesterday.
Source: https://decrypt.co/40888/722-million-bitcoin-ponzi-scam-founder-admits

Altcoins Talks - Cryptocurrency Forum · « **on:** September 05, 2020, 06:26:23 PM »

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Author Topic: $722 Million Bitcoin Biz Was a Giant Ponzi Scam, Leader Admits (Read 1390 times)

MRM

$722 Million Bitcoin Biz Was a Giant Ponzi Scam, Leader Admits

Altcoins Talks - Cryptocurrency Forum

$722 Million Bitcoin Biz Was a Giant Ponzi Scam, Leader Admits