Market Cap
24h Vol
3354
Cryptocurrencies
20794
Markets
Crypto Briefing
2019-12-12 15:07:38

Mining-Based US Ponzi Scheme Busted After Raking in $722 Million

Five men were charged in connection with BitClub, an alleged $722 million Ponzi scheme. The founders were caught saying they targeted the “typical dumb MLM [multi-level marketing] investor.” BitClub Network Goes Down On Nov. 10, the U.S. District Court in Newark, New Jersey, accused Matthew Brent Goettsche, Jobadiah Sinclair Weeks, Joseph Frank Abel, and Silviu […]The post Mining-Based US Ponzi Scheme Busted After Raking in $722 Million appeared first on Crypto Briefing.