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The two 37-year-olds allegedly got people to invest in a cryptocurrency mining service called HashFlare and a fake virtual bank called Polybius.

The DoJ alleges that victims were also promised dividends if they invested in Polybius, a virtual bank Mr Potapenko and Mr Turogin said they had set up.

Prosecutors said the suspects tricked hundreds of thousands of people from 2015 to 2019 into buying contracts for a cryptocurrency mining service called HashFlare and investing in a virtual currency bank called Polybius Bank.

Greek historian Polybius warned mighty Rome and other powerful states against plundering cultural objects from the peoples that it conquered.

Inspired by an urban legend about a 1980s arcade video game said to lead to madness and even death, “Ashens and the Polybius Heist” is a British comedy about a group of people in pursuit of said game console.