The pair, who face 20 years in prison, lacked the necessary computing power to carry out the crypto mining they had promised ...

Yesterday, both men pleaded guilty to one count each of conspiracy to commit wire fraud, which carries a maximum sentence of ...

The Estonian pair also founded another venture called Polybius in 2017, a virtual currency bank that promised to pay ...

Belarusian authorities on Wednesday released an imprisoned U.S. citizen, a Belarusian journalist for a U.S.-funded media ...

Two Estonian citizens have pleaded guilty in the United States to orchestrating a cryptocurrency "Ponzi" scheme worth over ...

Potapenko and Turõgin have agreed to forfeit assets worth, as of the date of the plea, more than 400 million dollars. The forfeited assets will be available for a remission process to compensate ...

Two Estonian nationals have pleaded guilty to defrauding hundreds of thousands of people around the world in a $577 million ...

Belarusian authorities have released an imprisoned U.S. citizen, a Belarusian journalist for a U.S.-funded media outlet and ...

Sergei Potapenko and Ivan Turõgin, both 40, agreed to forfeit more than $400 million as part of their guilty pleas, per the ...

Aleksandr G. Lukashenko, Belarus’s autocratic president and Russia’s closest ally, has taken steps to soften his country’s ...

Two businessmen who had been extradited to the United States on crypto fraud, money laundering, and other charges may soon be repatriated to Estonia after authorities in America dropped the bulk of ...

The US authorities described the operation as “a massive, multi-faceted cryptocurrency Ponzi scheme that victimized hundreds ...