Crypto mining boss faces 45 years in jail for alleged $62M pyramid scheme
Mining Capital Coin’s Luiz Capuci Jr siphoned $11 million of investor funds into his own crypto wallets to buy sports cars, a yacht, and real estate.
Mining Capital Coin’s Luiz Capuci Jr siphoned $11 million of investor funds into his own crypto wallets to buy sports cars, a yacht, and real estate.
Some muggers returned the victim’s smartphone after stealing thousands in crypto from their digital wallet.
Proof-of-work will be phased out and replaced with proof-of-stake, a change that comes with a costly barrier to entry for most miners.
Once touted as a legitimate way to earn a living, the play-to-earn crypto industry has disintegrated. Here’s how major players fared to-date.
Instead of jail time, Hayes is hoping for probation without home detention and wants to be able to travel freely and live abroad.