Former Rugby Player Sentenced to 30 Months in Prison for Participating in $900,000 Crypto Mining Ponzi Scheme
2025-07-18 05:31:48
According to Decrypt, former semi-professional football player Shane Donovan Moore has been sentenced to 2.5 years in federal prison for running a fake cryptocurrency mining scheme. Between January 2021 and October 2022, Moore defrauded more than 40 investors and defrauded them of more than $900,000 through Quantum Donovan LLC. He promised investors 1% of the daily mining proceeds, but in fact used the funds to buy luxury apartments, luxury goods and electronic products and other personal expenses, while paying small returns to early investors in a Ponzi model to maintain the scam.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
前橄榄球运动员因参与90万美元加密挖矿庞氏骗局被判30个月监禁Next article：
ARKM突破0.6美元
