Georgia man in $165M crypto Ponzi case to appear in U.S. court after Fiji deportation

A Georgia man charged in a $165 million cryptocurrency Ponzi scheme is set to appear in federal court after Fijian authorities deported him to the U.S. last week. Prosecutors said Edward Zimbardi planned and promoted a pyramid scheme called The Crypto Program from June 2022 to August 2023, promising investors monthly returns of 25%. Zimbardi fled to Fiji after the fraud was exposed and was deported to the U.S. by Fijian authorities last week. He faces charges of wire fraud and money laundering.