2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy

Quick Summary:

Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme.

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Article Details

Author / Journalist: Cheyenne Ligon

Category: Crypto

Markets: United StatesBrazil

Topics: Regulations News Ponzi Crime Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 16:20:03 (4 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 21753646

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Main Topics: Crypto

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Headquarters: United States

News Last Updated: 22 hours ago

Coverage Areas: United States

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