Hopefully the crimes committed by Russ Medlin
do not have a bad influence on the world of cryptocurrency.
No, it won't. The article you provide clearly stated that this guy Medlin deceived his victims into believing of such profitable Bitcoin mining ponzi scheme. I don't find anything that would affect the image of cryptocurrency.
Anyway, this guy really loves committing crime. I don't know how does he sleep at night knowing that he's been always hiding from authorities, committing a number of serious crimes.
You wouldnt know because everytime theres a negative news towards bitcoin then it do really have that significant impact yet this will generate out bad impressions towards it
specially if the media would really tend out to give emphasis on how bitcoin is being used into these kind of frauds.This isnt something new though because we have seen countless
involvements of scams which is really sad to think of but somehow, only to those true believers will really see the beauty or benefits or it.
Towards that Medlin, he cant hide forever and its just right for him to be penalized on what he had committed.