US Arrests 3 in Alleged Crypto Mining Pool Fraud Scheme

According to a press release, Matthew Brent Goettsche, 37, of Lafayette, Colorado; Jobadiah Sinclair Weeks, 38, of Arvada, Colorado; and Joseph Frank Abel, 49, of Camarillo, California were indicted on charges of conspiracy to commit wire fraud (Goettsche and Weeks) and conspiracy to offer unregistered securities through their participation in BitClub Network, a mining pool. The news was first reported by BNN Bloomberg.