Two arrested in massive $575m cryptocurrency ‘Ponzi scheme’Jessica Lyons Hardcastleon November 22, 2022 at 00:56 The Register

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Yet another cautionary tale of diving into crypto investment opps

Two Estonian men were arrested yesterday for their alleged roles in running a series of cryptocurrency and money laundering scams that bilked $575 million from “hundreds of thousands of victims” while the suspects used their ill-gotten gains to buy real estate and luxury cars.…

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