{"id":44842,"date":"2023-03-09T02:57:18","date_gmt":"2023-03-09T02:57:18","guid":{"rendered":"https:\/\/lydian.io\/?p=44842"},"modified":"2023-03-09T02:57:20","modified_gmt":"2023-03-09T02:57:20","slug":"airbit-club-executives-face-decades-in-jail-after-pleading-guilty-to-100m-fraud","status":"publish","type":"post","link":"https:\/\/lydian.io\/airbit-club-executives-face-decades-in-jail-after-pleading-guilty-to-100m-fraud\/","title":{"rendered":"AirBit Club executives face decades in jail after pleading guilty to $100m fraud","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
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Six individuals concerned in a cryptocurrency \"Ponzi scheme\" that raised about $100 million over 5 years have pleaded responsible to a sequence of fraud and cash laundering fees, every carrying a most sentence of 20 to 30 years are in jail.<\/p>\n
One of many founders of the AirBit Membership, Pablo Renato Rodriguez, lately pleaded responsible to serving fraud conspiracy fees on March 8.<\/p>\n
After<\/a> Based on a March 8 assertion from the US Division of Justice (DOJ), AirBit Membership was a faux cryptocurrency mining and buying and selling firm that operated between 2015 and 2020, the place executives and promoters tricked sufferer traders into believing that that they had assured passive Earn earnings and earnings from every membership bought. <\/p>\n Operator and legal professional behind multi-million greenback international cryptocurrency Ponzi scheme AirBit Membership plead responsiblehttps:\/\/t.co\/MT3mM9aqPV<\/a><\/p>\n