The Business & Technology Network
Helping Business Interpret and Use Technology
Home
Newswire > Bitcoin trading firm CEO sentenced to 20 years over $200 million ponzi scheme
Bitcoin trading firm CEO sentenced to 20 years over $200 million ponzi scheme
«  

February

  »
S M T W T F S
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 

Bitcoin trading firm CEO sentenced to 20 years over $200 million ponzi scheme

DATE POSTED:February 13, 2026
The Block
Original article

Ramil Ventura Palafox falsely promised investors 0.5% to 3% daily returns when the company was not able to produce such amounts, per the DOJ.

The Block
Original article
Newswire > Bitcoin trading firm CEO sentenced to 20 years over $200 million ponzi scheme

All Rights Reserved. Copyright , Central Coast Communications, Inc.