Express

Coronavirus Defense Fails Again For Co-Founder Of Alleged Crypto Ponzi

Janelle Fox

Summary: One of the co-founders of an alleged cryptocurrency Ponzi scheme has been denied bail again. On May 14, John Caruso filed a request for an emergency motion to be released from prison due to the COVID-19 outbreak, after a similar request was denied back in April by Judge Michelle Burns. Caruso’s legal team argued that ...

One of the co-founders of an alleged cryptocurrency Ponzi scheme has been denied bail again.

On May 14, John Caruso filed a request for an emergency motion to be released from prison due to the COVID-19 outbreak, after a similar request was denied back in April by Judge Michelle Burns.

Caruso’s legal team argued that the spread of the virus puts the defendant in danger of being infected while he stays in prison.

By Janelle Fox

Last Update:

Tags: ,,,
Link: Coronavirus Defense Fails Again For Co-Founder Of Alleged Crypto Ponzi   [Copy]
Next:

Related Articles

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 10 days ago
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 25 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 29 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025

    • You need to login to comment.