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Praetorian CEO Sentenced to 20 Years in Prison: 200M$ BTC Ponzi

Praetorian CEO Sentenced to 20 Years in Prison: 200M$ BTC Ponzi

BearishBTC logoBTCBNB logoBNB
CoinOtag logoCoinOtag•February 13, 2026•1 min read
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Praetorian CEO Palafox sentenced to 20 years in prison for 200M$ BTC Ponzi scheme. Collected 8K+ BTC, 62M$ losses. Binance SAFU acquired 4.5K BTC, Goldman large positions. BTC 67K$, S1 65K support....