PGI CEO Admits Guilt in $200 Million Cryptocurrency Ponzi Scheme
The CEO of Praetorian Group International (PGI), Ramil Ventura Palafox, has admitted guilt in a massive fraud involving a Bitcoin…
Ponzi scheme
Australian Senator Calls Bitcoin a Ponzi Scheme Due to Price Surge
Senator Gerard Rennick expressed his opinion on Bitcoin, calling it a typical pyramid scheme. According to him, the value of…