The U.S. Department of Justice announced that Praetorian Group International CEO Ramil Ventula Parafox was sentenced to 20 years in prison for operating a $200 million Bitcoin Ponzi scheme, scamming over 90,000 investors and causing at least $62.69 million in losses.
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The U.S. Department of Justice announced that Praetorian Group International CEO Ramil Ventula Parafox was sentenced to 20 years in prison for operating a $200 million Bitcoin Ponzi scheme, scamming over 90,000 investors and causing at least $62.69 million in losses.