An indictment was unsealed yesterday charging the CEO of Mining Capital Coin (MCC), a purported cryptocurrency mining and investment platform, for allegedly orchestrating a $62 million global investment fraud scheme.
Mining Capital Coin is a platform for cryptocurrency mining and investment. Luiz Capuci Jr., the CEO of Mining Capital Coin, has been accused of executing a financial fraud that has engulfed the worldwide cryptocurrency landscape. The fraudulent plan is said to have cost $62 million in total.
The US Department of Justice has announced charges against the CEO of Mining
Capital Coin (MCC), a self-advertised cryptocurrency mining and investment
platform, for allegedly orchestrating a $62 million global investment fraud
scheme.
The DOJ has alleged that Capuci misled investors about mining packages, a native token, and trading bots, while also deploying multilevel marketing schemes.