Crypto CEO Indicted in $62 Million Fraud Scheme

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Crypto CEO Indicted in $62 Million Fraud Scheme
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ICYMI: the CEO of Mining Capital Coin has been charged with running a $62 million fraud scheme crypto $BTC Bitcoin

with orchestrating a massive cryptocurrency fraud scheme by the U.S. Department of Justice.

U.S. authorities allege that Capuci defrauded investors of $62 million together with co-conspirators. Mining Capital Coin claim that it had channeled its investments into crypto mining and trading, but this wasn’t the case. He assured investors that the company operated an expansive network of mining facilities that would be able to generate sustainable returns.

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