Mining Capital Coin CEO indicted in $62 million crypto fraud scheme

Mining Capital Coin CEO and founder Luiz Capuci Jr. was -- in an indictment unsealed yesterday -- accused by the DOJ of allegedly running a $62 million global investment fraud scheme. He's the latest of severalcrypto company heads who have recently been similarly charged. Through his company, Capuci convinced investors to purchase "Mining Packages," a global network of cryptocurrency mines that promised a certain return on investment every week. But instead of using investors' funds to mine cryp...