[2025-12-19] The latest IT, economic, blockchain and coin news

in #crypto2 months ago

Here are the latest IT, economic, blockchain, and coin news that caught our eyes today. Follow us now for the latest curated news!

2025-12-19 | Curator: CryptoTerminal



IcomTech Crypto Ponzi Promoter Sentenced to Nearly Six Years in Prison


A senior promoter who helped orchestrate a multimillion-dollar crypto Ponzi scheme targeting working-class Spanish-speaking investors was sentenced Thursday to 71 months in federal prison. Magdaleno Mendoza received a sentence for his role in IcomTech, a purported crypto-mining and trading company that launched in mid-2018 and collapsed by the end of 2019, according to a statement from the U.S. Attorney's Office for the Southern District of New York. The scheme falsely promised guaranteed daily...