A US court sentences Ramil Ventura Palafox, CEO of Praetorian Group, to 20 years in prison for operating a $200M bitcoin Ponzi scheme that defrauded 90K+ people — Quick Take — Praetorian Group International CEO, Ramil Ventura Palafox, was sentenced to 20 years in prison for operating a $200 million bitcoin Ponzi scheme.
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