{"id":"tp-9236","type":"article-newspaper","title":"Crypto promoter pleads guilty to fraud charges for his role in a $2B Ponzi scheme","author":"Mark Jason Alcala","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/9236","datePublished":"2021-09-03T11:18:41.000Z","dateModified":"2021-09-03T11:18:41.000Z","language":"en","abstract":"The BitConnect scheme, described as a “textbook Ponzi scheme,” defrauded over $2 billion from investors globally.","section":"Regulation","references":[{"title":"press release","url":"https://www.justice.gov/usao-sdca/pr/director-and-promoter-bitconnect-pleads-guilty-global-2-billion-cryptocurrency-scheme"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}