Security News > 2019 > December > Five Charged in $722 Million Cryptomining Ponzi Scheme

Five Charged in $722 Million Cryptomining Ponzi Scheme
2019-12-11 22:18

Prosecutors: Defendants Falsely Promised Big ReturnsThe Justice Department has charged five individuals with running a high-tech Ponzi scheme that allegedly fleeced investors out of $722 million by falsely promising clients big returns as part of a cryptomining operation.


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https://www.inforisktoday.com/five-charged-in-722-million-cryptomining-ponzi-scheme-a-13490