Ramil Ventura Palafox, CEO of Praetorian Group International, received a 20-year prison sentence for orchestrating a $200 million Bitcoin Ponzi scheme. The scam victimized over 90,000 investors, resulting in losses of at least $62.7 million. Authorities revealed that Palafox misappropriated investor funds for personal use.
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[IMPORTANT] Praetorian Group CEO Sentenced to 20 Years for $200M Bitcoin Ponzi Scheme Defrauding ...
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