$11 million stolen by crypto scammers in pyramid mining scheme
Tue, Sep 13, 2022 4:30 PM

$11 million stolen by crypto scammers in pyramid mining scheme

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The South Philadelphia-based company that previously promised investors large profits is now a Ponzi scheme. After withholding access to more than $11 million in cryptocurrency for thousands of its clients, the Bitcoin mining company is now being investigated for securities fraud. Over 100 Pennsylvanians were lured into this scam, making it Pennsylvania’s worst scandal of its kind.

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