A U.S. man accused of defrauding millions of dollars through a cryptocurrency Ponzi scheme faces 11 federal charges.
Source：
decrypt.co
The U.S. Department of Justice announced that a Tennessee man has been charged by federal prosecutors for allegedly operating a cryptocurrency Ponzi scheme. Prosecutors allege that he defrauded investors of millions of dollars through false promises of returns and misappropriated some of the funds for personal and family expenses.