PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
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PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
13.02.2026
Crypto market wobbles as investors ignore good news, look for ‘exit ramp’
13.02.2026
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PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme

Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use.

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