1.79 Cryptocoin Ponzi scheme AirBit Club co-founder jailed

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Cryptocoin Ponzi scheme AirBit Club co-founder jailed
Date: 2023-09-27 [theregister.co.uk]

12 years behind bars, and ordered to forfeit $65m in illicit proceeds

The co-founder of AirBit Club, a $100 million cryptocurrency Ponzi scheme, will spend a dozen years behind bars for orchestrating the international fraud and money-laundering scheme.
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