Thursday, June 8, 2023

Bitconnect Promoter Sentenced

By DAC000 , in Cryptocurrency Fraud Regulation , at September 17, 2022 Tags: , ,

to 38 months for his role in a $2.4B Ponzi. About a one minute read.

Comment: although the sentence is light (I helped expose a fraudulent estate agency in London who scam about £200K, including £2,320 of my money, and they got over two years, go figure) this is excellent. Crypto will never be widely adopted until the sector is cleaned up. This is a great start but I hope the others implicated get even harder time.