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Brazilian national faces 20-year sentence for $290 million Bitcoin Ponzi scheme

Vignesh Karunanidhi
February 23, 2025
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Brazilian national faces 20-year sentence for $290 million Bitcoin Ponzi scheme
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A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million Bitcoin investment fraud charges. According to the press release from the US Department of Justice, Douver T. Braga pleaded not guilty to…

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