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Russian founders of Forsage indicted in US for $340 million decentralized finance crypto Ponzi scheme

( February 23, 2023, 00:31 GMT | Official Statement) -- MLex Summary: A federal grand jury in the US District of Oregon indicted four founders of Forsage, allegedly a decentralized finance cryptocurrency investment platform, for touting a global Ponzi scheme that raised $340 million from victim-investors, the US Department of Justice said. The founders are all Russian nationals. The indictment is the first criminal fraud case involving an alleged DeFi Ponzi scheme.Document follows:...

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