The latest crypto Ponzi scheme of many Moore’s ca

The latest crypto Ponzi scheme of many

Moore’s case is far from the only one in which crypto was leveraged to lure victims into a scam or a Ponzi scheme. In mid-February, a US regulator charged a Las Vegas man with allegedly defrauding over 400 investors out of $24 million through a misleading AI-driven crypto mining investment that was a disguised Ponzi scheme.

In late January, Antonia Perez Hernandez, a promoter of the forcount crypto Ponzi scheme who pleaded guilty to conspiracy to commit wire fraud, was sentenced to more than two years in prison.

In late 2024, an 86-year-old former California attorney was sentenced to five years’ probation and ordered to pay almost $14 million after admitting to carrying out a multimillion-dollar crypto Ponzi scheme.