---
title: "FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme"
url: https://diffcoin.com/fbi-busts-43m-crypto-and-las-vegas-hospitality-ponzi-scheme/
description: "The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality…"
published: 2024-05-02
updated: 2024-05-02
author: "Mila"
site: "Diffcoin"
---

# FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme

The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.

[Source link](https://cointelegraph.com/news/new-york-resident-arrested-43m-ponzi-scheme)