Authorities Freeze $41 Million in Crypto Tied to BG Wealth Sharing

Cointelegraph Staff

(07:37 AM UTC)

1 min read

Investment group BG Wealth Sharing, a suspected $150 million crypto Ponzi scheme, has had its domain seized by law enforcement days after allegedly rug-pulling users.

Onchain sleuth ZachXBT said on X on Tuesday that “illicit actors” connected to the group tried to launder more than $92 million in crypto between April 27 and Sunday, but he helped lead an initiative that froze more than $41 million…

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