{"id":4975,"date":"2024-10-15T13:00:00","date_gmt":"2024-10-15T13:00:00","guid":{"rendered":"https:\/\/technoghyan.com\/crypto-fbi-hunts-fugitive-who-allegedly-stole-150-million-in-btc-and-eth\/"},"modified":"2024-10-25T16:46:21","modified_gmt":"2024-10-25T16:46:21","slug":"crypto-fbi-hunts-fugitive-who-allegedly-stole-150-million-in-btc-and-eth","status":"publish","type":"post","link":"https:\/\/hindideep.org\/crypto-fbi-hunts-fugitive-who-allegedly-stole-150-million-in-btc-and-eth\/","title":{"rendered":"Crypto: FBI Hunts Fugitive Who Allegedly Stole $150 Million in BTC and ETH"},"content":{"rendered":"

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Stop me if you can. <\/em>Ponzi, rug sweater<\/em>, slaughtering pigs<\/em>all these old techniques of scamming and robbing people are given a second life thanks to cryptocurrency, which offers new technical possibilities for fraudsters, but which, above all, is an ideal breeding ground for finding potential victims. Promises of returns, FOMO, social media advertising, many investors want to be there and some malicious people take advantage hype <\/em>surrounding.<\/p>\n

That’s the case with Horst Jicha, a German national wanted by the FBI for masterminding a $150 million fraud who got rid of his electronic bracelet before disappearing into thin air last week. Return to a sadly banal story in Web3, where the greed of investors is matched only by the creativity of the aigrefins. <\/p>\n

Horst J\u00edcha is accused of preparing a fraud in the amount of 150 million dollars between 2017 and 2018<\/h2>\n

Shortly before 2017 Horst J\u00edcha<\/strong> still lives in Germany, where he founded USI Tech to invest in cryptocurrencies “easy and affordable for retail investors”<\/strong> he then decided to leave Europe and settle in the United States, where he moved his business. On site for a year, they attract many customers by promising them an average return of 140% in the first 140 days, but also encourage them to recruit new partners with a multi-level marketing system (MLM) that rewards the most active.<\/p>\n

Investigators say Horst Jicha used his persona on social media and at public meetings to sell his financial products and that he advertised aggressively to bring in new investors. But it all came to an abrupt halt in early 2018 after USI Tech came under regulatory scrutiny in the United States. Overnight, all activity ceases, customers are left without access to their funds, and according to US justice, he would still be missing 150 million dollars<\/strong> in cash registers, siphoned from corporate accounts in the form of BTC and ETH and sent to wallets belonging to our cheater du jour.<\/p>\n

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