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Over $17M in restitution ordered for victims of cryptocurrency fraud

A San Diego federal judge has ordered one of the leaders of an alleged investment fraud scheme involving cryptocurrency to pay more than $17 million in restitution to around 800 victims worldwide.

San Diego judge orders $17 million restitution payment in BitConnect pyramid scheme

Glenn Arcaro, ordered to pay restitution, was top U.S. promoter of BitConnect; he's set to serve 3 years in prison for his role in $2.4 billion Ponzi scheme

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