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Tag: Ponzi Scheme

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US Man Behind $9.4 Million Crypto Ponzi Scheme Learns His Fate in Court

Ford received five years in prison for running a $9.4 million crypto Ponzi scheme that promised daily returns he knew were impossible. Prosecutors said he misused investor funds for personal benefit, leaving more than 2,800 victims and significant losses behind. His case adds to a global surge in crypto Ponzi schemes, with recent arrests and…
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