May 5, 2025

Operator of Brazilian Crypto Ponzi Scheme Sentenced to 128 Years in Prison

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The Brazilian justice system sentenced Joel Ferreira de Souza to 128 years, 5 months, and 28 days in prison. Souza was identified as the main operator of Braiscompany, a Brazilian crypto scheme that raised over $100 million from nearly 20,000 investors. Brazilian Crypto Ponzi Scheme Operators Receive Combined Sentences of Over 170 Years in Prison

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Source: Bitcoin.com

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