Policy, Ponzi scheme, Department of Justice, Crime, News Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use. Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More