Crypto CEO gets 20 years for $200M Bitcoin Ponzi scheme Post author:MiamiCrypto Post published:February 13, 2026 Post category:Uncategorized A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021. You Might Also Like OpenEden taps BNY Mellon to manage tokenized US Treasury assets August 13, 2025 Solana bull flag, rising stablecoin market cap hint at SOL price rally to $220 May 6, 2025 21Shares files HYPE ETF, Bitwise Solana ETF sees ‘huge number’ on day 2 October 30, 2025