Luiz Capuci Jr.
Founder and CEO of Mining Capital Coin (MCC). The U.S. DOJ indicted him in 2022 for an alleged $62M global crypto investment fraud built on 'Mining Packages' and 'Trading Bots'; the SEC won a default judgment against him in a parallel civil case.
Also known as: Luiz Carlos Capuci Jr., Luiz Capuci
Note: Luiz Capuci Jr. is charged criminally; the allegations have not been adjudicated.
Bio
Luiz Carlos Capuci Jr., of Port St. Lucie, Florida, founded and led Mining Capital Coin. The DOJ alleges he marketed guaranteed-return mining packages and trading bots while diverting investor funds to his own wallets and laundering proceeds through foreign exchanges. [1][2]
Legal status
Indicted in May 2022 on conspiracy charges (wire fraud, securities fraud, international money laundering) carrying up to 45 years. In the SEC's parallel civil case, a court entered a default judgment of about $46 million against Capuci and co-founder Emerson Pires in 2025. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Linked scams & cases
Sources (2)
- Mining Capital Coin CEO accused of $62M investment fraud scheme — Cointelegraph
- Crypto Scheme Operators Ordered to Pay $46 Million in SEC Suit — Bloomberg Law
See also
Luke BelmarIndividualsCryptocurrency influencer Luke Belmar (@lukebelmar on X) became the subject of controversy following allegations related to the promotion of a memecoin. Critics on social media alleged that Belmar used a series of posts referencing a forthcoming cryptocurrency project and a large-scale airdrop to generate interest in a token without explicitly identifying a specific contract address. Belmar published multiple posts discussing an upcoming memecoin, describing plans for what he characterized as a major airdrop and making comparisons to other cryptocurrency projects. Because no contract address was publicly provided, several tokens emerged claiming association with his statements. Critics alleged that this ambiguity enabled speculation around multiple tokens while avoiding a direct endorsement of any particular asset.
HEX / PulseChain (Richard Heart)ProjectsCrypto projects (HEX, PulseChain, PulseX) created by Richard Heart (Richard Schueler). In July 2023 the U.S. SEC sued him for offering unregistered securities that raised $1B+ and for allegedly misappropriating ~$12M for luxury goods (including a 555-carat diamond). A court dismissed the case in 2024 for lack of U.S. jurisdiction; there was no finding of wrongdoing and Heart denies the allegations.
This page was last updated on Jun 15, 2026. View revision history.
