May 10, 2025

SEC Alleges PGI Global’s $198 Million Ponzi Scheme Involving Bitcoin and AI Trading Deceptions

1 min read

The U.S. Securities and Exchange Commission (SEC) has charged PGI Global CEO Ramil Palafox, alleging he orchestrated a $198 million cryptocurrency Ponzi scheme. The SEC’s filing marks a significant enforcement

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Source: CoinOtag

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