Okhotnikov, Oblamska, Sergeev, and Maslakov could spend up to 20 years in prison if convicted.
The US authorities alleged Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov – the founders of the dubious cryptocurrency investment platform Forsage – to have orchestrated a global pyramid scheme that conned investors with approximately $340 million.
The Russian execs also presented their business as a lucrative investment opportunity, thus attracting a great number of investors. Assistant Attorney General Kenneth A. Polite, Jr. of the Justice Department’s Criminal Division commented: The authorities stressed that the defendants organized their alleged scam on the Ethereum, Binance Smart Chain, and Tron blockchains. Further analysis showed that earlier investors received funds paid by newcomers, representing the main principle of a pyramid scheme.According to investigators, more than 80% of Forsage users obtained fewer ETH than they had invested in the platform’s Ethereum program, while half of the investors never got a single payout.
The criminalists urged people to be utterly careful when entering the digital asset space and conduct proper due diligence before transferring funds or providing personal information to organizations or unknown individuals.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Harvey Weinstein will likely spend the rest of his life in prison after LA sentenceOnce one of the most powerful men in Hollywood, the 70-year-old former film producer will most likely spend the rest of his life in prison. He is already serving a 23-year sentence in New York.
Baca lebih lajut »
PACS representing charters, realtors and business spend more than $1 million on aldermanic racesSuper PACs representing charter schools, realtors and business interests have spent more than more than $1 million in aldermanic races.
Baca lebih lajut »
Arizona may spend $30M to study psychedelics' medical potentialFor Star subscribers: Lawmakers are advancing bills to fund research into psilocybin mushrooms and MDMA (Ecstasy) for treatment purposes, amid strong emerging evidence the drugs may be highly effective.
Baca lebih lajut »
Female Friends Spend Raucous Night Validating The Living Shit Out Of Each OtherAKRON, OH—According to witnesses, a tight-knit group of five female friends spent a wild night on the town Saturday, overindulging in emotionally supportive behavior and generally validating the living shit out of each other.
Baca lebih lajut »
Pa. DEP to spend week testing water samples collected within mile of train derailmentThe state agency is scheduling a further round of testing to cover wells up to 2 miles from the derailment site, it said Saturday.
Baca lebih lajut »