**Breaking News: Crypto Ponzi Scheme Promoter Gets 20 Years!**
- Juan Tacuri, the senior promoter of the Forcount crypto Ponzi scheme, was sentenced to 20 years in prison and one year of supervision.
- The Florida resident must also forfeit the house he bought with the proceeds of the scam, $3.6 million in assets, and pay the same amount of restitution to victims.
- Forcount, which later changed its name to Weltsys, defrauded thousands of victims with false promises of profits from crypto mining and trading.
- Tacuri used the proceeds of the scam to live a lavish lifestyle, including buying Florida properties and luxury goods.
- Victims were able to track their âprofitsâ through a fake online portal, but most were unable to withdraw their funds.
- Forcount also offered a worthless crypto token called âMindexcoinâ that only added to victimsâ financial losses.
- Tacuri pleaded guilty in June 2024 and has been awaiting sentencing since then.
What do you think of the sentence? Comment below! đ
