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Mastermind behind Brazil's cryptocurrency Ponzi scheme sentenced to 171 years in prison

2025.04.18 - 12:55
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TechFlow news, April 18 — According to Coindesk, a Brazilian court has sentenced three main figures behind the cryptocurrency Ponzi scheme "Braiscompany" to a combined 171 years in prison. The mastermind, Joel Ferreira de Souza, received a 128-year sentence, while the other two individuals, Gessana Rayane Silva and Victor Veronezi, were sentenced to 27 and 15 years respectively. The scam attracted approximately 20,000 investors and raised around $190 million illegally.

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