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Ex-Rugby Star Slammed with Prison Time for $50M Crypto Mining Ponzi—Here’s How It Collapsed

Ex-Rugby Star Slammed with Prison Time for $50M Crypto Mining Ponzi—Here’s How It Collapsed

Published:
2025-07-18 14:47:53
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Crypto's dark underbelly strikes again—this time with a jock-turned-con artist.

How a sports hero turned into a crypto villain

The ex-athlete promised investors cloud mining riches but delivered old-school fraud instead. Sound familiar? Another 'can't-miss' opportunity that somehow missed spectacularly.

The SEC wasn't playing defense

Regulators intercepted this scheme mid-play, exposing fake contracts and phantom mining rigs. Turns out the only thing being mined was victims' wallets.

When moonboys meet justice

The sentence sends a clear message: The crypto wild west is getting civilized. But let's be real—for every one they catch, three more shitcoin peddlers are still doing victory laps.

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