Praetorian Group CEO sentenced to 20 years for $200M fraud
Praetorian Group International CEO received a 20-year prison sentence on 11 February 2026 for running a $200 million Bitcoin Ponzi scheme.
Bitcoin, markets and the ideas moving crypto.
3 stories · 9 Nov 2024 – 14 Feb 2026
Praetorian Group International CEO received a 20-year prison sentence on 11 February 2026 for running a $200 million Bitcoin Ponzi scheme.
A US federal court sentenced Daren Li to 20 years in prison for his role in a $73 million cryptocurrency scam.
A Chinese official received a life sentence for espionage after selling state secrets to pay off crypto debts, sparking debate on crypto’s role in crime.