Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme

Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi SchemeA Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi. Balaci pleaded guilty to a superseding information charging him with […]

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