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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 […]

  • Read at Bitcoinist
  • Sat, 14 Feb 2026 19:00:25 +0000
Bitcoin Scam: Court Hands Man 20-Year Sentence Over $200M Ponzi Scheme