A Virginia federal judge sentenced the 61-year-old CEO of Praetorian Group International to 20 years in prison for orchestrating a $200 million Bitcoin Ponzi scheme that ran from late 2019 through 2021. He lured investors with phony daily returns of 0.5%-3% via a fake online trading portal, but no real trading ever occurred. Prosecutors detailed how he spent millions on luxury homes in Las Vegas and Los Angeles, high-end cars, designer goods, and family transfers. The court also ordered $62.7 million in restitution and forfeiture of $12.2 million in cash and properties as victims pursue compensation.
On March 6, the Florida Senate unanimously passed Bill 314, which details comprehensive regulations regarding…
Following a three-day streak above $70K, Bitcoin (BTC) has fallen below this resistance level, trading…
Bitcoin just broke through $73,500 for the first time in a month, significantly outperforming gold…
It is one of the oldest questions in crypto: when prices fall and the headlines…
The XRP price is once again flirting with a familiar setup shrinking exchange supply and…
The Bitcoin price has slipped below the $69,000 mark once again after facing strong rejection…
