Promoter Joseph Frank Abel admitted to receiving money from investors for shares in the BitClub Network mining pool.
A Romanian programmer arrested in Germany has entered a guilty plea for his role in the BitClub Network Ponzi scheme which defrauded $722m from investors.
The founder of BitClub Network, an alleged digital currency Ponzi scheme that made off with $700m has been arrested for underage sexual assault in Indonesia.
Two men being detained in connection with an alleged $722 million BitClub digital currency fraud have asked to be released from prison.
Montana crypto mining farm CryptoWatt has operations amidst the legal woes facing its majority owner who’s accused of running $722M BitClub scam.
New documents help explain how Micree Zhan was ousted by Jihan Wu, and Wu has plenty to be worried about even without his rival in control.