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Financial Crime Weekly: Man Charged With Operating $198 Million Crypto Ponzi Scheme
Sunday, April 27, 2025 - 3:02pm | 420The Securities and Exchange Commission filed charges on Tuesday against Ramil Palafox, accusing him of running a fraudulent investment scheme that collected nearly $198 million from Bitcoin (CRYPTO: BTC) and foreign exchange investors and misappropriated more than $57 million for his personal...