Mining Capital Coin CEO accused of $62M investment fraud scheme Post author:MiamiCrypto Post published:May 9, 2022 Post category:Crypto Fraud / DOJ / mining capital coin / Multi-level marketing scheme / SEC “Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated. You Might Also Like Crypto Theft Mastermind Convicted in US for Home Invasions, Kidnappings, and Robberies June 27, 2024 Spot and Futures-Backed Bitcoin ETF: What’s the Difference? October 21, 2021 Coinbase Continues to Fight for Crypto Clarity, Challenging SEC Overreach in Court May 24, 2024