By https://coinpedia.org/ on February 13, 2026
The post Bitcoin Ponzi CEO Sentenced to 20 Years in $200M Fraud Case appeared first on Coinpedia Fintech News A Virginia federal judge sentenced the 61-year-old CEO of Praetorian Group International to 20 years in prison for orchestrating a $200 million Bitcoin Ponzi scheme that ran from late 2019 through 2021. He lured investors with phony daily returns of 0.5%-3% via a fake online trading portal, but no real trading ever occurred. Prosecutors detailed …
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