---
title: "DOJ to drop charges against man accused in $722 million BitClub crypto Ponzi scheme: Bloomberg"
url: https://thecoingazette.com/doj-to-drop-charges-against-man-accused-in-722-million-bitclub-crypto-ponzi-scheme-bloomberg/
date: 2026-07-10
modified: 2026-07-11
lang: en
author: "Coin Gazette Editorial"
description: "A former challenger on 'The Apprentice' is one of the persons urging the DOJ to drop the charges, the report said."
categories:
  - "Crypto News"
  - "regulation"
tags:
  - "Companies"
  - "crypto"
  - "Crypto Ponzi scheme"
  - "doj"
  - "Policy"
  - "ponzi scheme"
  - "regulation"
word_count: 21
---

# DOJ to drop charges against man accused in $722 million BitClub crypto Ponzi scheme: Bloomberg

A former challenger on 'The Apprentice' is one of the persons urging the DOJ to drop the charges, the report said.