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 Tom Lee tips lack of leverage and gold ‘vortex’ for Ether’s 21% slump February 3, 2026 Kraken taps Mastercard to launch crypto debit cards in Europe, UK April 9, 2025 Tokenization demand is no longer tied to Bitcoin: Galaxy executive November 13, 2025