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Bitcoin.com 2024-12-04 04:30:35

Crypto Scam Collapses: Icomtech Founders Sentenced for Ponzi Scheme Fraud

David Brend and Gustavo Rodriguez, key figures in the cryptocurrency Ponzi scheme Icomtech, have been sentenced to 10 and eight years in prison, respectively, for defrauding thousands of investors. Icomtech falsely marketed itself as a crypto trading and mining company, promising guaranteed daily returns. Victims, lured by flashy events and promises of wealth, invested through