Praetorian crypto founder Ramil Palafox sentenced to 20 years for $200m fraud
Ramil Ventura Palafox just got 20 years in federal prison. He ran a fake crypto company called Praetorian and scammed over 90,000 people across the world. A judge in Alexandria, Virginia, sentenced him after he got hit with wire fraud and money laundering charges. Ramil is 61 and holds passports from both the United States […]
- Read at Cryptopolitan
- Fri, 13 Feb 2026 18:26:59 +0000