Operators promised crypto returns for cash, but in reality, they spent the money on cars, jewels, and swank homes, prosecutors said. By Amy Castor.
source https://www.google.com/url?rct=j&sa=t&url=https://decrypt.co/39279/doj-charges-multi-million-dollar-crypto-ponzi-airbit-club-with-fraud&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNEcrSEQRHnfydCHoTgd4_7KNQhRJA
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