CEO Pleads Guilty in ‘$200M Bitcoin Fraud’ That Duped 90,000 Investors With Fake 3% Daily Returns
September 18, 2025
CEO of Praetorian Group International Ramil Ventura Palafox pled guilty to wire fraud and money laundering in a $200 million bitcoin Ponzi scheme that defrauded more than 90,000 investors worldwide.
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