Mining Capital Coin CEO accused of $62M investment fraud scheme
![Mining Capital Coin CEO accused of $62M investment fraud scheme](https://cryptoinvestment.at/wp-content/uploads/2022/05/mining-capital-coin-ceo-accused-of-62m-investment-fraud-scheme.jpg)
“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated.