- U.S. Department of Justice charged four Russian individuals for running a Ponzi scheme through a platform called Forsage.
- The defendants allegedly used computer code to steal customers’ money.
- The defendants face up to 20 years in prison if found guilty.
According to a statement by the U.S. Department of Justice, four Russians, Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov, are responsible for running a “global Ponzi and pyramid investment scheme” through a company called Forsage.
The DOJ alleges that the defendants coded and deployed smart contracts...