Joseph Abel, a promoter for a crypto mining Ponzi scheme admitted his involvement in the fraudulent solicitation today. He was one of the 5 people nabbed by the authorities in the US concerning the Bitclub Ponzi case. Tax fraud scheme Joseph Abel is a California resident who admitted to engaging in tax fraud and selling unregistered securities linked to Bitclub Network. It was a dubious crypto mining scheme worth $722 million. The 50-year-old appeared before the US District Judge Claire C. Cecchi. He pled guilty to two counts of subscribing to a false tax return for the tax year 2017…