The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns o...
Tag: AirBit
Operators of AirBit Plead Guilty to $100M Crypto Ponzi Scheme
The United States Attorney for the Southern District of New York announced that a total of six executives of the cryptocurrency Ponzi scheme AirBit Club have pleaded guilty for their roles in an inter...
AirBit Club Execs Admit to Cryptocurrency Fraud Allegations
Top executives and operators of the cryptocurrency mining and trading business AirBit Club have entered a guilty plea in fraud and money-laundering allegations. U.S. Attorney Damian Williams said: “Th...
AirBit Club execs face decades in prison after pleading guilty to $100M fraud
Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty to a series of fraud and money laundering charges, each carrying a maximum sent...
Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme
Airbit Club was a global scam in which promoters hosted “lavish expos” and community presentations throughout the U.S., Asia, Latin America and Eastern Europe, and convinced victims to invest in “memb...