The head of a multibillion-dollar cryptocurrency company claiming millions of members around the world has been charged with perpetuating what was in fact a global Ponzi scheme, according to the U.S. Attorney’s Office for the Southern District of New York.
Konstantin Ignatov was arrested March 6 at the Los Angeles International Airport on wire fraud charges and presented in California federal court where he is being detained on the charges in Manhattan.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at customer[email protected]