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U.S. Justice Department Plans to Sell $56 Million Worth of Bitcoin to Compensate Victims of BitConnect Fraud Scheme

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By Victor Omondi The US Department of Justice is making great considerations for victims of the great Ponzi Scheme, which is arguably the largest cryptocurrency fraud to be charged criminally. Glenn Arcaro, a Los Angeles businessman, is the scheme's mastermind. An investigation that was conducted on the BitConnect cryptocurrency investment scheme resulted in the seizure […]

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