Jul 11, 2026
US Prosecutors Move to Drop Charges Against Alleged $722M BitClub Mastermind
CrimeRegulationBitClub NetworkBitcoin miningcrypto fraudcryptocurrency regulationDoJInvestor ProtectionMatthew GoettscheUnregistered SecuritiesUS Prosecutorswire fraud
US prosecutors plan to dismiss Matthew Goettsche’s BitClub charges with prejudice before his October trial. The DOJ’s case alleged BitClub collected at least $722 million in Bitcoin through manipulated mining returns. The proposed dismissal follows nearly seven years of litigation and review of about two million records. Several BitClub associates already pleaded guilty to fraud, [...]
The post US Prosecutors Move to Drop Charges Against Alleged $722M BitClub Mastermind appeared first on Blockonomi.
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