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 Coinbase cites SEC action against Kraken in push for crypto rulemaking November 22, 2023 SEC Backs Tokenization as Path to Efficient Markets With Clearer Crypto Rules July 2, 2025 Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover June 11, 2024