$198M Crypto Mirage? SEC Targets AI Trading Kingpin in Global Ponzi Uprising

A $198 million crypto fraud empire disguised as AI trading has been unraveled, exposing a luxury-fueled Ponzi scheme that spanned the globe. AI Autotrader or Smoke and Mirrors? The SEC Exposes What PGI Really Was The U.S. Securities and Exchange Commission (SEC) announced on April 22 that it has charged Ramil Palafox, founder of PGI
Original article from bitcoin.com
Source: bitcoin.com
Published: April 26, 2025