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$165 Million Crypto Ponzi Scheme Accused Mastermind Faces US Charges

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Edward Zimbardi, accused of masterminding a $165 million cryptocurrency Ponzi scheme, is set to appear in federal court. He allegedly perpetrated the scheme and fled to Fiji before being deported back to the US.

Zimbardi's case involves wire fraud and money laundering charges, according to prosecutors.

The alleged scheme's size is substantial, with $165 million involved.

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