Bitcoin faces DOJ as $200M PGI Ponzi draws 20-year term

A - $0.089344725047230 U.S. judge sentenced Ramil Ventura Palafox, founder of Praetorian Group International (PGI), to 20 years in prison for a PGI Bitcoin Ponzi scheme, according to the U.S. Department of Justice. He was convicted of wire fraud and money laundering after PGI raised about $201 million from more than 90,000 investors.

Source: coincu.com

Related symbols: BTCUSD

2026-02-15 01:13:02 GMT.

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Description

Alpha Token (A) is a cryptocurrency launched in 2017and operates on the Ethereum platform. Alpha Token has a current supply of 278,273,649.09200983 with 19,414,002.47958597 in circulation. The last known price of Alpha Token is 0.00052921 USD and is up 0.00 over the last 24 hours. More information can be found at https://www.alphaplatform.co.