Three charged with running $722 million crypto scam

Three charged with running $722 million crypto scam

Three men have been charged with running a crypto mining operation that officials labeled a ’high-tech Ponzi scheme’ that duped investors of $722 million, federal officials said Tuesday. Matthew Goettsche was arrested along with Jobadiah Weeks and Joseph Abel. The trio allegedly ran a business called BitClub Network from April 2014 through this month that promised earnings to investors.

KCooper
KCooper
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