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Forsage Founders Indicted in $340M DeFi Ponzi Scheme

According to a statement by the U.S. Department of Justice, four Russians, Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov, are responsible for running a “global Ponzi and pyramid investment scheme” through a company called Forsage.

The DOJ alleges that the defendants coded and deployed smart contracts…

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Source: Cryptocurrency - investing.com

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