coinpedia
2024-10-17 08:30:02

Crypto Promoter Flees With Investor’s Money, Gets 20 Years Jail Term

The post Crypto Promoter Flees With Investor’s Money, Gets 20 Years Jail Term appeared first on Coinpedia Fintech News In the Forcount Ponzi scandal, U.S. courts sentenced cryptocurrency marketer Juan Tacuri to 20 years in prison for his role in a fraudulent scheme masquerading as a crypto mining venture. This scam targeted thousands of investors, particularly in Hispanic communities across the United States. Originally from Germany, Tacuri helped launch Weltsys, which lured victims with …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.