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Tag: Fraud

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Coinsterminingfarm.com: The Crypto Fraud That Almost Cost Me $14,100
When my account was unexpectedly frozen, the situation was immediately concerning. The possibility of losing my savings, trading profits…Continue reading on Medium » Read full article
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“Is Starexchange.vip a Fraud? My Personal Account of a Nearly Expensive Cryptocurrency Investment
Those weeks were among the most overwhelming and emotionally taxing periods of my financial life. What began as minor withdrawal delays…Continue reading on Medium » Read full article
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Increasing Sophistication of Online Investment Scams: Recognizing Fraudulent Platforms Like…
When encountering any online offer, message, platform, or website that appears even mildly suspicious, it is critical to pause and…Continue reading on Medium » Read full article
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CEO Of Textbook Ponzi Gets 20-Year Sentence Over $200 Million Bitcoin Fraud
Federal prosecutors have secured a two-decade prison term for the CEO of Praetorian Group International (PGI) for running a $200 million crypto investment scheme that defrauded more than 90,000 investors worldwide.

Massive Losses For Investors

From December 2019 to October… Read full article
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Fraud Exposed: 40,000 Investors Caught in Crypto Ponzi as Jury Finds Sales Leader Liable
A federal jury delivered a sweeping verdict in a crypto Ponzi scheme that ensnared roughly 40,000 investors, marking a decisive step in escalating enforcement efforts and intensifying scrutiny of large-scale digital asset fraud. Crypto Ponzi Targeting 40,000 Investors Crushed—Verdict Signals… Read full article
13h ago
Bitcoin News
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Crypto CEO Gets 20 Years for $200M Bitcoin Ponzi Fraud
A federal judge just handed down a serious sentence in one of crypto’s bigger fraud cases. Ramil Palafox, CEO of Praetorian Group International, was sentenced to 20 years in prison for running a $200 million crypto scheme that collapsed on… Read full article
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Federal Court Sentences Crypto Founder to 20 Years in Major Bitcoin Fraud Case
Key Takeaways

PGI founder Ramil Ventura Palafox received a 20-year federal prison sentence for wire fraud and money laundering tied to a $201M+ Bitcoin Ponzi scheme.
The operation accepted at least 8,198 BTC and used a multi-level marketing model to… Read full article
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$200M Bitcoin Fraud Lands Praetorian CEO 20-Year Sentence
Praetorian CEO Ramil Palafox sentenced to 20 years for $200M Bitcoin Ponzi scheme that defrauded 90,000 investors of $62.7M.
$200M Bitcoin Fraud Lands Praetorian CEO 20-Year Sentence after a U.S. federal court handed down prison time to Ramil Ventura Palafox… Read full article
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US fines Paxful $4M for moving funds tied to trafficking, fraud
US prosecutors said Paxful marketed itself as a non-KYC platform and presented anti-money laundering policies that it knew “were not implemented or enforced.” Read full article
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