Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation
- Posted on August 18, 2026
- By Cointelegraph
- 1 Views
- 1 min read
A cryptocurrency entrepreneur accused of orchestrating one of the largest Ponzi schemes in digital asset history has been extradited from Fiji to face federal prosecution. Edward Zimbardi, the alleged mastermind behind a fraudulent scheme that defrauded investors of approximately $165 million, now confronts 25 serious federal charges. His capture and deportation represent a significant enforcement action in the ongoing battle against cryptocurrency-related financial crimes and investment fraud.
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