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HashFlare Founders Plead Guilty To Running $577 Million Crypto Ponzi Scheme

Summary by TheSpuzz

Source: Bitcoinist In a significant legal outcome, Sergei Potapenko and Ivan Turõgin, both 40 years old from Estonia, have pleaded guilty to running a large-scale Ponzi scheme involving crypto assets that defrauded “hundreds of thousands” of victims globally. The US Department of Justice (DOJ) announced that the defendants have agreed to forfeit over $400 million in assets obtained through their fraudulent activities. Massive Fraud Behind Hash…

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HashFlare Founders Plead Guilty To Running $577 Million Crypto Ponzi Scheme

2 days ago

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Two Men Plead Guilty to ‘Massive’ $577,000,000 Crypto Mining Fraud Scheme: DOJ

The U.S. Department of Justice (DOJ) says that two Estonian nationals pleaded guilty to operating a massive cryptocurrency Ponzi scheme that defrauded hundreds of thousands of victims from across the globe, including the United States. In a statement, the DOJ says that Sergei Potapenko and Ivan Turõgin sold contracts that entitled their customers to a…

2 days ago

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