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Praetorian Group CEO sentenced to 20 years for $200M fraud

Praetorian Group CEO sentenced to 20 years for $200M fraud

BearishBTC logoBTC
Coinpaprika logoCoinpaprika•February 14, 2026•1 min read
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Praetorian Group International CEO received a 20-year prison sentence on 11 February 2026 for running a $200 million Bitcoin Ponzi scheme. The scheme defrauded over 90,000 investors worldwide between December 2019 and October 2021.

December 2019 and October 2021.