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{"id":13307,"date":"2026-02-13T17:56:26","date_gmt":"2026-02-13T17:56:26","guid":{"rendered":"https:\/\/hongkongbuybitcoin.com\/?p=13307"},"modified":"2026-02-13T17:56:26","modified_gmt":"2026-02-13T17:56:26","slug":"ceo-sentenced-to-20-years-for-200m-bitcoin-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=13307","title":{"rendered":"CEO sentenced to 20 years for $200M Bitcoin Ponzi scheme"},"content":{"rendered":"

CEO Ramil Ventura Palafox of Praetorian Group International was sentenced to 20 years in prison for running a $200 million Bitcoin Ponzi scheme that defrauded over 90,000 investors worldwide. Palafox used investor funds for personal expenses, with no actual trading occurring. Restitution efforts are ongoing for victims of the scheme.<\/p>\n","protected":false},"author":1,"featured_media":13217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-13307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/13307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13307"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/13307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/13217"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}