Crypto exec arrested for “multibillion-dollar pyramid scheme”
A leader of one of the biggest cryptocurrency scams in history is now behind bars. On Wednesday, United States authorities arrested Konstantin Ignatov for his role as leader of OneCoin, a cryptocurrency the U.S. Department of Justice is calling a “multibillion-dollar pyramid scheme” — another sign that the days of crypto as the web’s “Wild West” could be coming to a close.
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