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U.S. DOJ Drops Hammer: OmegaPro Founder & Crew Face Charges for $650M Crypto Ponzi Scheme
U.S. DOJ Drops Hammer: OmegaPro Founder & Crew Face Charges for $650M Crypto Ponzi Scheme
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Another day, another 'revolutionary' crypto project exposed as smoke and mirrors. This time, it's OmegaPro—a $650 million house of cards built on old-school fraud with a Web3 veneer.
The U.S. Department of Justice just unsealed indictments against the platform's founder and key players, alleging they ran a textbook Ponzi scheme disguised as a cutting-edge investment opportunity. Classic move—when in doubt, promise outsized returns and hope regulators blink first.
While the crypto space keeps innovating, some 'visionaries' insist on recycling the same tired scams from the 1920s. Maybe next time they'll at least put it on-chain for transparency.
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