According to TechFlow, on October 16, according to Justic.gov, Damian Williams, the U.S. Attorney for the Southern District of New York, announced that on October 15, 2024, JUAN TACURI, one of the initiators of the cryptocurrency Ponzi scheme Forcount (later known as Weltsys), was sentenced to up to 240 months in prison by U.S. District Judge Analisa Torres. The scam spread all over the world and thousands of victimized investors ("victims") were deceived. In the United States, it mainly targeted Spanish-speaking people. JUAN TACURI made millions of dollars from participating in the scam and spent the money on items such as real estate and luxury goods in Florida.