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Lobbyist Jack Abramoff Charged for Running $5.6M Bitcoin Scam

Jack Abramoff has agreed to plead guilty to charges of running a $5.6 million Bitcoin scam. The disgraced lobbyist duped investors into purchasing tokens that he promised would be convertible into a new and improved version of Bitcoin. Mr. Abramoff now faces up to five years in jail. Jack Abramoff, a disgraced Washington lobbyist from former President George W. Bush’s administration, has confessed about his role in operating a $5.6 million Bitcoin scam. The U.S. […]