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Justice Drops Crypto Fraud Case | Washington DC News

The DOJ is quietly dropping charges against crypto fraudster Matthew Goettsche, accused of running a $722 million Ponzi scheme through BitClub Network — a move that signals a major reversal after prosecutors once pushed for a jury trial. Goettsche’s legal team claims an agreement in principle was reached, and sources say the decision came from Washington’s deputy attorney general’s office. The indictment alleged he misled investors with fake profits and built his scheme on “the backs of idiots,” while also assembling a legal team with Trump ties — though DOJ denies any political pressure…

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