- The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five years in prison.
- The U.S. Securities and Exchange Commission (SEC) also charged Nicholas along with Empiresx founders Emerson Pires and Flavio Goncalves, both of Brazil.
- The Justice Department indicted all three men in June with “one count of conspiracy to commit wire fraud and one count of conspiracy to commit securities fraud”.
Head Trader of $100M Global Crypto Ponzi Scheme Pleads Guilty in US
