By CryptoNews - 7 months ago - Reading Time: 1 minutes
Fraudster Faces 12-year Jail Sentence for $100M Crypto Ponzi Scheme
Pablo Renato Rodriguez, co-founder of the major crypto-based pyramid scheme AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels.Rodriguez and his co-conspirators, including Gutemberg Dos Santos, orchestrated the AirBit Club scheme, which lured unsuspecting investors with promises of guaranteed profits through cryptocurrency mining and trading, the US Attorney’s Office for the Southern District of New York announced on Tuesday....
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Original source: CryptoNews