By Bitcoin.com 8 June 2024 | 11:31 am

Crypto Scam Promoter Pleads Guilty, Faces Up to 20 Years in US Prison

Byte-sized news on the latest topics relating to crypto and technology.Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme primarily targeted Spanish-speaking communities in the U.S., and Tacuri benefited significantly, amassing millions from his fraudulent activities. Scheduled for sentencing on Sept. 24, […]