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Coinnounce 2019-12-11 05:58:24

Three charged for allegedly running a $722 million crypto Ponzi scheme.

The indictment unsealed in US District Court Newark New Jersey, names Matthew Brent Goettsche, Jobadiah Sinclair, and Silviu Balaci are accused of conspiring to commit wire fraud. If convicted for running a Ponzi scheme, each man faces a maximum sentence of 20 years in prison and a fine of up to $250,000.   “High-tech Ponzi […]

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