Brazilian National Faces 20-Year Sentence for $290M Bitcoin Ponzi Scheme

Brazilian National Faces 20-Year Sentence for $290M Bitcoin Ponzi Scheme

After being extradited from Switzerland, a Brazilian national has shown up in U.S. District Court in Seattle to face charges in connection with a $290 million Bitcoin investment scam. The U.S. Department of Justice said in a press statement that Douver T. Braga entered a not guilty plea to a 13-count indictment that includes conspiracy and wire fraud charges related to the Trade Coin Club (TCC) scam. An International Crypto Ponzi Scheme The 4...

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