Organizer for massive crypto Ponzi scheme arrested, Atlanta feds say

The Brief

  • Federal authorities say the alleged organizer of a massive cryptocurrency Ponzi scheme has been captured after investigators tracked him around the world for more than two years.
  • The indictment alleges the scheme operated from June 2022 through August 2023 and recruited investors through websites and a commission-based referral system.
  • Authorities say the suspect was deported from Fiji and arrested by FBI agents after arriving at Los Angeles International Airport.

ATLANTA The alleged organizer of a massive cryptocurrency Ponzi scheme is in federal custody after authorities say they spent more than two years tracking him around the world.

What we know:

Federal prosecutors and the FBI announced the arrest Monday in Atlanta, saying the suspect was captured overseas, deported from Fiji and arrested after arriving at Los Angeles International Airport.

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