Showing posts with label BitClub Ponzi scammer Medlin nailed in Indonesia on sex charges. Show all posts
Showing posts with label BitClub Ponzi scammer Medlin nailed in Indonesia on sex charges. Show all posts

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.