Have any crypto scammers been jailed?

[Grant]

Crypto is something concerning to me, especially how easy it is for people to get scammed. From the Logan Paul scam to some other crypto scams out there. It's like there's a new crypto scam every day now, you have to be careful what you invest in. With that being said, for those who have scammed, do you think any of them have been jailed? Or did they get away with it? I know there's been a fair share of crypto scammers around the world, so I wonder how much money they were able to steal from people. I hope they are caught.

Have you ever dealt with a crypto scammer or someone who made a fake currency?

 

[Riberet19]

As far as I know I have only heard of two crypto scammers who have been imprisoned, the CEO of FTX, that is, Sam bankman-fried, and on the other hand the CEO of Terra Luna, Do kwon which I think is in a jail in Montenegro that was the country where he was caught trying to flee, I think there must be more people from the crypto world who have been imprisoned, but I don't know any other people

 

[Heatman]

As far as I know I have only heard of two crypto scammers who have been imprisoned, the CEO of FTX, that is, Sam bankman-fried, and on the other hand the CEO of Terra Luna, Do kwon which I think is in a jail in Montenegro that was the country where he was caught trying to flee, I think there must be more people from the crypto world who have been imprisoned, but I don't know any other people

After scamming people of billions of dollars, they would want to disappear leaving those they scammed to suffer for the rest of their lives.

Maxwell Odum, the owner of MBA Forex is a Nigerian entrepreneur, that did the same thing to Nigerians and disappeared till date. No one knows his whereabouts. He scammed Nigerians Two Hundred and Thirteen Billion Naira that's approximately $28 million dollars.

 

[Riberet19]

After scamming people of billions of dollars, they would want to disappear leaving those they scammed to suffer for the rest of their lives.

Maxwell Odum, the owner of MBA Forex is a Nigerian entrepreneur, that did the same thing to Nigerians and disappeared till date. No one knows his whereabouts. He scammed Nigerians Two Hundred and Thirteen Billion Naira that's approximately $28 million dollars.

That's a very large amount, he swindled 28 million dollars and nobody knows where he is? It seems strange to me, although good, with that amount of money you can surely hide for a long time, but it is a pity that these things happen, and that people without heart take advantage of the need of other people to fill their pockets and simply flee, they must pay their crimes, now or in the next life if there is one.

 

[Heatman]

That's a very large amount, he swindled 28 million dollars and nobody knows where he is? It seems strange to me, although good, with that amount of money you can surely hide for a long time, but it is a pity that these things happen, and that people without heart take advantage of the need of other people to fill their pockets and simply flee, they must pay their crimes, now or in the next life if there is one.

The company's assets was frozen and I'm sure part of the money was frozen too but there's always a big chance he got away with some of the money. The government agency have been looking for him since 2022 since he disappeared. This is the whole new from one of the media houses.

Maxwell Odum Nigeria's biggest crook vanishes with N213 billion

Some investors are getting anxious and impatient that the crook called Maxwell Odum has not yet been arrested by EFCC.

pmnewsnigeria.com

 

[Riberet19]

The company's assets was frozen and I'm sure part of the money was frozen too but there's always a big chance he got away with some of the money. The government agency have been looking for him since 2022 since he disappeared. This is the whole new from one of the media houses.

Maxwell Odum Nigeria's biggest crook vanishes with N213 billion

Some investors are getting anxious and impatient that the crook called Maxwell Odum has not yet been arrested by EFCC.

pmnewsnigeria.com

So said criminal may not have gotten away with it, but not knowing his whereabouts, it is difficult to know what happened to him or if he took part of the loot, if we conspire a little more, maybe he was even in league with the government, because it is really difficult to steal so much money and escape and vanish as if nothing has happened

 

[Heatman]

So said criminal may not have gotten away with it, but not knowing his whereabouts, it is difficult to know what happened to him or if he took part of the loot, if we conspire a little more, maybe he was even in league with the government, because it is really difficult to steal so much money and escape and vanish as if nothing has happened

Exactly! I thought about that last year. I was actually among those who lost our investment in his MBA FOREX Scam. I knew that there's no way the guy would move that amount of money without leaving a big trace on how to track and trace him. He's definitely in bed with the government, he's probably paid them a settlement which gave him am opening to run away.

 

[Riberet19]

Exactly! I thought about that last year. I was actually among those who lost our investment in his MBA FOREX Scam. I knew that there's no way the guy would move that amount of money without leaving a big trace on how to track and trace him. He's definitely in bed with the government, he's probably paid them a settlement which gave him am opening to run away.

As they say in the financial field, money always leaves a trail, it is impossible to move that amount of money and not know where it has gone, I believe like you that he was allied with the government, otherwise, such movements of money would not be possible, and more without being caught, it is a scam too big to go unpunished, the scams that usually go unpunished are much smaller, so I don't believe the guy just fizzled out.

 

[Heatman]

As they say in the financial field, money always leaves a trail, it is impossible to move that amount of money and not know where it has gone, I believe like you that he was allied with the government, otherwise, such movements of money would not be possible, and more without being caught, it is a scam too big to go unpunished, the scams that usually go unpunished are much smaller, so I don't believe the guy just fizzled out.

Facts! All of a sudden everything blew down and it was if nothing happened because they are no longer talking about it (Government Agencies). It's only those who where scammed that talk about the company once in a while on social media and it's not even trending again. I have come to the conclusion the guy have successfully scammed everyone and gotten free from any kind of prosecution.

 

[Nomad]

One of the biggest fraudsters in the crypto world is Ruja Ignatova. She scammed 4 billion USD in 2014. She is at large. Sam Bankman-Fried, owner of FTX and Do kwon, of Tera Luna are the only people who have been booked by law.

 

[Heatman]

One of the biggest fraudsters in the crypto world is Ruja Ignatova. She scammed 4 billion USD in 2014. She is at large. Sam Bankman-Fried, owner of FTX and Do kwon, of Tera Luna are the only people who have been booked by law.

Seriously, some people are just so heartless with what they do in terms of stealing from people who are struggling and trying to make their lives better by investing in the scam programs they never know would kill them. How can a lazy comfortably scam people of their hard earned $4 billon and run away? Ruja Ignatova doesn't have any humanity left in her.

 

[Nomad]

Seriously, some people are just so heartless with what they do in terms of stealing from people who are struggling and trying to make their lives better by investing in the scam programs they never know would kill them. How can a lazy comfortably scam people of their hard earned $4 billon and run away? Ruja Ignatova doesn't have any humanity left in her.

I don't blame this woman. I blame people who were too greedy to believe in her. When there was already something like Bitcoin, LTC, and XRP, how could people believe in One Coin? Why did not they invest in real crypto instead of a Ponzi scheme?

 

[Heatman]

I don't blame this woman. I blame people who were too greedy to believe in her. When there was already something like Bitcoin, LTC, and XRP, how could people believe in One Coin? Why did not they invest in real crypto instead of a Ponzi scheme?

She's a criminal and there's no way I would ever defend her actions. People will always be greedy because that's in human nature to be greedy. Everyone wants to be rich but for one to be as greedy as Ruja Ignatova, she deserves to be jailed in an isolated island prison if she doesn't return all she stole should they catch her.

 

[Henrywrites]

As far as I know I have only heard of two crypto scammers who have been imprisoned, the CEO of FTX, that is, Sam bankman-fried, and on the other hand the CEO of Terra Luna, Do kwon which I think is in a jail in Montenegro that was the country where he was caught trying to flee, I think there must be more people from the crypto world who have been imprisoned, but I don't know any other people

Those guys are popular guys and the crimes that they committed can never be swept under the carpet. They have this huge allegations hanging on their necks and there is nothing anyone is going to do about that as they had to go down for it. However, it is difficult to see those that committed minor scams in cryptocurrency being jailed and it's sad

 

[Riberet19]

Those guys are popular guys and the crimes that they committed can never be swept under the carpet. They have this huge allegations hanging on their necks and there is nothing anyone is going to do about that as they had to go down for it. However, it is difficult to see those that committed minor scams in cryptocurrency being jailed and it's sad

Who are you referring to? Thinking now, I know a few more scammers who have committed crimes with crypto, like some youtubers in my country, also Logan Paul, supposedly with NFTs and none of them have been imprisoned or openly charged, do you know anyone else?

 

[Heatman]

Who are you referring to? Thinking now, I know a few more scammers who have committed crimes with crypto, like some youtubers in my country, also Logan Paul, supposedly with NFTs and none of them have been imprisoned or openly charged, do you know anyone else?

I have always today people that all NFTs are scams but for some reasons that I don't know, there are those who are still gullible enough to invest their money in it. NFTs that its worth and price isn't influenced by the cryptocurrency market but by the owner, you would be a fool to trust in such projects.

 

[Good-Person]

I have always today people that all NFTs are scams but for some reasons that I don't know, there are those who are still gullible enough to invest their money in it. NFTs that its worth and price isn't influenced by the cryptocurrency market but by the owner, you would be a fool to trust in such projects.

Well, they might be investing in NFTs and they may be thinking that it is similar to investing in other kind of cryptocurrencies. NFTs are quite different and different kind of NFTs have different kind of value. NFT scams are quite common and these culprits should be punished.

 

[Heatman]

Those guys are popular guys and the crimes that they committed can never be swept under the carpet. They have this huge allegations hanging on their necks and there is nothing anyone is going to do about that as they had to go down for it. However, it is difficult to see those that committed minor scams in cryptocurrency being jailed and it's sad

From my observation so far, it is very obvious that the rich always have a way to bend the law to their own benefit because they seem not to be made to suffer the consequences of their action when it comes to being involved in scam. But whenever it comes to what an average individual does, the law will always come out with full force and make them to face the consequences.