AirBit Club Co-Founder Sentenced to 12 Years for Crypto Scheme!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

Sep 27, 2023 10:51

Pablo Renato Rodriguez, co-founder of AirBit Membership, has been convicted and sentenced to 12 years in jail for his involvement in a worldwide cryptocurrency pyramid scheme that cheated buyers of $100 million. Rodriguez was a key participant within the operation, which was marketed as a crypto mining and buying and selling agency however turned out to be a classy cash laundering operation. His co-defendants, Gutemberg dos Santos, Scott Hughes, Cecilia Millan, and Karina Chairez, have additionally pleaded responsible and are awaiting sentencing. The AirBit Membership case highlights the necessity for investor schooling and warning when investing in crypto ventures.