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$722 Million Cryptocurrency Fraud Scheme

CRYPTOnite

2022-03-26 (14:11:21)

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A man from Nevada named Gordon Brad Beckstead, a 57-year-old, admitted that he got a role in laundering funds solicited for the Bitclub Network, a $722 million fraudulent cryptocurrency scheme. He also admitted that he is guilty to a couple of tax offenses.

The announcement details:

"A Nevada man today admitted his role in laundering funds solicited for Bitclub Network, a $722 million fraudulent cryptocurrency scheme."

Still I wonder why he decided to admit to all of those.

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