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Ohio resident sentenced to nine years for $10M Bitcoin derivatives fraud scheme. FBI reports crypto losses hit $11B in 2025, up 22% YoY, highlighting rising scam risks in digital assets.
The Praetorian Group CEO was sentenced to 20 years for running a $200M Bitcoin Ponzi scheme, causing significant investor losses and marking a major crypto fraud crackdown.
The CEO of a major bitcoin Ponzi scheme, Praetorian Group International, was sentenced to 20 years for defrauding 90,000 investors out of $200M, severely impacting confidence in BTC trading schemes.
Mixed crypto news but institutional demand and regulatory moves (CFTC stablecoin rules, tokenized funds access) lift bullish prospects for Bitcoin, despite seizures, data-breach claims, and China hal…