A 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 […] The post Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme appeared first on Bitcoin News.
Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme
Bitcoin.com - 10 Jul 2020 15:15
A 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 […] The post Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme appeared first on Bitcoin News.
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