Florida Man Sentenced to 20 Years in Prison Over Crypto Ponzi Scheme – Decrypt

https://decrypt.co/286647/florida-man-20-years-prison-ponzi

9 Comments

  1. tldr; Juan Tacuri, a senior promoter of the Forcount cryptocurrency Ponzi scheme, was sentenced to 20 years in prison by a New York federal court. The scheme, which rebranded as Weltsys, defrauded thousands globally, particularly targeting Spanish-speaking communities. Tacuri promised guaranteed returns from crypto trading but instead funneled funds to promoters. Victims were misled with fake profits and worthless tokens. Tacuri must forfeit $3.6 million and pay restitution. The case highlights ongoing crypto-related frauds.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. I thought florida man did something crazy again but its just a ordinary scam. He dont deserve the florida man name

    But deserved that 20

  3. Well, to be honest, if there are no harsh punishments, more of them will just keep doing this, and keep destroying cryptos name.

  4. galacticwyandotte on

    I didn’t think Florida men were that smart to have a ‘successful’ crypto Ponzi scheme

  5. Time of the year to search your birthday + Florida man and see the results.

    In my case: Florida Man, 62, Strips, Performs “Strange Dance” At McDonald’s. Then Tries To Impregnate A Railing.

    What is yours?