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 Illinois governor blasts Trump’s ‘crypto bros’ in new bill signing August 19, 2025 Bitcoin bulls prep $97K resistance showdown as gold dips 8% from highs May 1, 2025 Trustless AI agent standard could hit Ethereum mainnet on Thursday January 28, 2026