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PGI Global Founder Slapped With $200M Crypto Ponzi Charges—Because ’To the Moon’ Wasn’t a Literal Invitation

PGI Global Founder Slapped With $200M Crypto Ponzi Charges—Because ’To the Moon’ Wasn’t a Literal Invitation

Author:
CoindeskEN
Published:
2025-04-23 19:30:27
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PGI Global Founder Hit With Fraud Charges in Alleged $200M Crypto Ponzi Scheme

Regulators just dropped the hammer on another ’crypto visionary’—turns out printing your own Lamborghini money violates securities laws. Who knew? The DOJ alleges a textbook Ponzi wrapped in blockchain buzzwords, proving once again that when returns sound too good to be true, they’re probably funded by suckers three levels down the referral chain.

|Square

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