Brazilian Dover Braga was extradited to the USA on charges of organizing a Ponzi cryptocurrency scheme worth $290 million. He led the platform Trade Coin Club (TCC), which promised high returns from Bitcoin trading, but in reality, it was a scam where the money from new investors was used to pay off the old ones. Braga stole at least $50 million and concealed income from tax authorities. He faces up to 20 years in prison. The trial is set for April 28, 2025.
2/24/2025 9:18:28 AM (GMT+1)
Brazilian Dover Braga was extradited to the USA for the $290 million cryptocurrency Ponzi scheme, facing up to 20 years in prison for fraud and tax evasion
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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