EmpiresX ‘head trader’ to face 4 years of prison over $100M crypto ‘Ponzi’ Post author:MiamiCrypto Post published:December 1, 2022 Post category:cftc / Court / Crypto / customer funds / district court / Empiresx / Florida / Guilty / jail / Joshua David Nicholas / platform / Ponzi / prison / scheme / SEC / United States Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil. You Might Also Like Insiders sold MicroStrategy stock after Bitcoin’s bull run September 9, 2021 Blackrock Discusses Crypto Regulation With SEC to Push Urgent Rule Overhaul May 11, 2025 China Approaching NFTs With Caution April 13, 2022