Crypto Fraud: PGI Global Founder Ramil Palafox Charged Over $200 Million Scheme

The cryptocurrency world continues to attract both innovation and controversy. A recent SEC case highlights the growing threat of fraud within the crypto sector, as authorities brought charges against PGI Global founder Ramil Palafox for allegedly orchestrating a $200 million Ponzi scheme. This action serves as a reminder for investors and industry players alike to be vigilant against potential scams.