By Gina Kim ( August 17, 2026, 10:25 PM EDT) -- A serial "Ponzi-schemer" is charged with wire fraud for allegedly spearheading a $165 million cryptocurrency scheme that defrauded over 6,000 victims around the world and using the money to make alimony payments and buy expensive cars for his children, the U.S. Department of Justice announced Monday. ...
DOJ Charges Ga. Man Over $165M Crypto Ponzi Scheme
The U.S. Department of Justice has charged a Georgia man in connection with an alleged $165 million cryptocurrency Ponzi scheme. The case centers on accusations that the scheme used crypto-related investments to defraud participants.
Law360
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Aug 18, 2026 at 2:25 AM UTC · 1 분 소요
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$165M alleged crypto scheme
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빠른 답변
Who did the DOJ charge in the alleged $165 million crypto Ponzi scheme?
The excerpt says the DOJ charged a man from Georgia, but it does not provide his name.
How large was the alleged cryptocurrency Ponzi scheme?
The DOJ case concerns an alleged crypto Ponzi scheme involving more than $165 million.
What charges were filed in the crypto Ponzi case?
The excerpt says the DOJ brought charges, but it does not specify the alleged offenses.
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Originally reported by Law360
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