🚔 Charges have been brought in New York against the organizer of a Ponzi scheme using digital assets, Idin Dalpura. The damage from the pyramid scheme is estimated at $43 million.
Dalpura offered investors from the USA and other countries the opportunity to earn "huge profits" of up to 42% annually by investing in the hotel business in Las Vegas and cryptocurrency trading. In reality, he paid money to old investors with funds from new ones.
The accused lost about $1.7 million from victims' funds in gambling, covered debts with them, and also paid for his children's education at a private school. Now he faces up to 20 years in prison.
