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US charges alleged $165M crypto Ponzi operator after Fiji extradition

Authorities in the United States have accused Edward Zimbardi, age 59, of orchestrating a cryptocurrency Ponzi scheme amounting to $165 million, contributing to the list of several high-profile cases of scams in the current year. According to the Office of the United States Attorney for the Northern District of Georgia, the man faced charges in...

US charges alleged $165M crypto Ponzi operator after Fiji extradition