Virgil Capital Founder Gets 7.5 Year Prison Sentence

Reading Time: 2 minutes The founder of fake crypto trading firm Virgil Capital has been sentenced to 7.5 years in prison Qin pleaded guilty in February for pretending Virgil Capital was wildly successful when in fact it was a Ponzi scheme Qin must also forfeit $54 million The founder of Virgil Capital (also known as Virgil Sigma), which purported to be a wildly successful cryptocurrency trading firm but was instead a Ponzi scheme, has been sentenced to 90 months in prison. Stefan Qin founded Virgil Capital in 2016 and posted just one unsuccessful month in over three years before the $90 million scam was
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