DOJ to drop charges against man accused in $722 million BitClub crypto Ponzi scheme: Bloomberg
The Block·
60-second summary
The US Department of Justice is set to drop charges against an individual accused in the $722 million BitClub crypto Ponzi scheme, according to a Bloomberg report. The decision comes after pressure from a former contestant on 'The Apprentice', who has publicly urged the DOJ to drop the charges. This move may embolden other crypto scammers.
A former contestant on 'The Apprentice' is one of the persons urging the DOJ to drop the charges, the report said.