Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Verilumia

The Daily Verified Briefing

Markets

Crypto CEO Pleads Guilty in $400 Million Ponzi Scheme

Published 1 July 2026

A former cryptocurrency investment executive has pleaded guilty to federal fraud and money laundering charges for operating a multimillion-dollar Ponzi scheme that promised returns from digital asset liquidity pools.

© 2026 Verilumia Ltd. All rights reserved.

Verified, fact-checked news you can trust.

0:00 / 0:00