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Bitcoin Scam: Court Hands Man 20-Year Sentence Over $200M Ponzi Scheme

Summary by Bitcoin Insider
A US court has sentenced the CEO of Bitcoin trading firm, Praetorian Group International (PGI), to 20 years in prison after convicting him of operating a large-scale Ponzi scheme. The fraudulent investment platform, which falsely claimed to generate profits through cryptocurrency trading, misappropriated substantial capital from tens of thousands of investors globally. Related Reading: Crypto’s […]
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4 Articles

investincryptonews.cominvestincryptonews.com

Bitcoin Scam: Court Hands Man 20-Year Sentence Over $200M Ponzi Scheme - Invest In Crypto News

Helping you make informed financial decisions with the latest news and insights from the world of investing and cryptocurrency. Unlock the power of crypto.

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Bitcoin InsiderBitcoin Insider
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Betting, Trading, Sports Tips And CryptoBetting, Trading, Sports Tips And Crypto

Bitcoin Scam: Court Hands Man 20-Year Sentence Over $200M Ponzi Scheme

A US court has sentenced the CEO of Bitcoin trading firm, Praetorian Group International (PGI), to 20 years in prison after convicting him of operating a large-scale Ponzi scheme. The fraudulent investment platform, which falsely claimed to generate profits through cryptocurrency trading, misappropriated substantial capital from tens of thousands of investors globally. Related Reading: Crypto’s […]

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ZyCryptoZyCrypto

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 fraudulent $200 million crypto investment scheme.

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ZyCrypto broke the news in on Saturday, February 14, 2026.
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