Two Estonian Men Plead Guilty in $577 Million Cryptocurrency Ponzi Scheme
In a major development, two Estonian nationals have pleaded guilty to their roles in a large-scale cryptocurrency fraud scheme that defrauded hundreds of thousands of investors worldwide, including many in the United States. Sergei Potapenko and Ivan Turõgin, both 40, operated the Ponzi scheme through their fake cryptocurrency mining service, HashFlare, which generated an estimated […]
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