Wednesday, June 17, 2020

BitClub Ponzi scammer Russ Medlin nailed in Indonesia on sex charges

Russ Medlin, the head of the multi-million-dollar Bitcoin Ponzi, BitClub, was arrested in Indonesia on sex charges. 3 girls confessed to being part of a child prostitution ring. Medlin is a recidivist for pedophilia.

Medlin is wanted in the US for his role in a Bitcoin Ponzi scheme which siphoned $722m from investors.
Described by the FBI as "little more than a modern, high-tech Ponzi scheme." BitClub was shuttered in December 2019.