DOJ plans to end prosecution of alleged BitClub mastermind in $722M crypto fraud case
The post DOJ plans to end prosecution of alleged BitClub mastermind in $722M crypto fraud case appeared on BitcoinEthereumNews.com. The U.S. Department of Justice [DOJ] plans to dismiss its criminal case against Matthew Goettsche, the alleged founder of the BitClub Network cryptocurrency investment scheme, Bloomberg Law reported. This could potentially bring one of the longest-running crypto fraud prosecutions to an end. The reported move comes nearly seven years after federal prosecutors accused Goettsche and several co-defendants of operating a global cryptocurrency mining scheme that allegedly defrauded investors of at least $722 million. While the DOJ is reportedly preparing to dismiss the case with prejudice, no dismissal motion had appeared on the public court docket at the time of writing. Bloomberg: DOJ preparing to dismiss prosecution Bloomberg Law reported that the DOJ has instructed prosecutors in New Jersey to dismiss the charges against Goettsche with prejudice. This mean