AI-generated featured illustration # Bitcoin Ponzi Scheme: PGI CEO Sentenced to 20 Years for $200 Million Fraud **SUMMARY:** Ramil Ventura Palafox, the CEO of Praetorian Group International, has been sentenced to 20 years in prison for orchestrating a $200 million Ponzi scheme that deceived over 90,000 investors worldwide. This case underscores the vulnerabilities in the…