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Estonian nationals sentenced in US for running cryptocurrency Ponzi scheme

( August 13, 2025, 03:08 GMT | Official Statement) -- MLex Summary: Two Estonian nationals were sentenced to time served for orchestrating a cryptocurrency Ponzi scheme that defrauded hundreds of thousands of victims worldwide, including in the US, the US Department of Justice said. The men have already served 16 months in custody; in addition to the custodial term, they were ordered to pay a $25,000 fine and complete 360 hours of community service while on supervised release. The men are expected to return to Estonia to serve their terms of supervised release.Statement follows below:...

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