The co-founders of HashFlare pleaded guilty on Wednesday to wire fraud conspiracy after running a $577 million Ponzi scheme that scammed hundreds of thousands of investors worldwide through fake crypto mining. The HashFlare Crypto $577M Fraud Revealed In November 2022, two Estonian nationals were arrested by the Estonia authorities. Sergei Potapenko and Ivan Turõgin, co-founders […]
Hashflare
$575 Million Crypto Fraud & Money Laundering Scheme Busted in Tallinn
Two Estonian citizens were detained in Tallinn after being accused of participating in a $575 million crypto fraud and money laundering scheme, according to the press release published by the U.S. Department of Justice (DOJ) on November 21st. Sergei Potapenko and Ivan Turõgin allegedly defrauded hundreds of thousands of people by luring them into fraudulent […]