Edward Zimbardi, the alleged operator of a $165 million crypto Ponzi scheme, returned to the United States on Aug. 14 after authorities in Fiji deported him, federal prosecutors announced Monday.
Summary
- Zimbardi faces 25 federal counts after Fijian authorities deported him to the United States Friday.
- Prosecutors allege The Crypto Program collected more than $165 million from thousands of cryptocurrency investors.
- Investors were allegedly promised guaranteed monthly returns of 25% through purported digital advertising package investments.
- More than $34 million allegedly funded foreign currency trades, while $10 million covered personal expenses.
- The indictment remains…
