DOJ Drops Case Against Alleged Cryptocurrency Ponzi Schemer

Wednesday, July 29, 2026

Federal prosecutors in New Jersey have sought a judge's approval to dismiss with prejudice longstanding charges against the alleged mastermind of a $722 million cryptocurrency Ponzi scheme.

Posted by snoofy at 04:33 PM | 6 COMMENTS | permalink | Comment on This Entry |

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The Department of Justice is reportedly planning to drop charges against Matthew Goettsche, who ran a crypto Ponzi scheme that bilked $722Â million from investors he described as "dumb" and "sheep", after he hired Trump-linked lawyers to lobby for legal relief.

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-- Molly White (@molly.wiki) 12:58 PM Â· Jul 23, 2026

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Better read the DOJ documents before the diabolical Trumpf junta purges them:

www.justice.gov

#1 | Posted by C0RI0LANUS at 2026-07-28 11:23 AM | Reply

"Matthew Goettsche, who'd been accused of defrauding investors of $722 million and describing his business model as built on the backs of idiots' ... "

Was he quoting Trump?
"With prejudice" - case closed, gone forever
Why? - No explanation

Ka-Ching!

#2 | Posted by Doc_Sarvis at 2026-07-28 12:16 PM | Reply

- defrauding investors of $722

He's only in his late 30's, so likely a favored student of DJT's scam tactics.

#3 | Posted by Corky at 2026-07-28 12:24 PM | Reply

The 'government' is the fraud

#4 | Posted by LegallyYourDead at 2026-07-28 01:43 PM | Reply

This is what they voted for.

#5 | Posted by jpw at 2026-07-28 01:47 PM | Reply

And it's what about 80% of Republicans, according to recent polling (yougov.com), still support. Like Todd Blanche, they look at the catastrophes they've inflicted on everyone and say, with a crooked smile, "Thank you very much. I love you, sirrrrrrr."

#6 | Posted by Doc_Sarvis at 2026-07-28 02:37 PM | Reply