According to an announcement on Monday, the United States Department of Justice and the South District of New York (SDNY), The leader of the alleged Ponzi AirBit Club program was extradited from Panama.
Gutemberg dos Santos He is one of the six AirBit Club operators charged and the last to arrive in the US to be tried by the SDNY. Dos Santos is a Brazilian and US citizen. Authorities initially arrested five of the six in August and avoided a sixth until October.
DoJ claims AirBit Club sold “memberships” that promise guaranteed returns. All six operators made profits like Product of mining operations and club trading strategies. According to the Ministry of Justice These operations never happened. Instead, membership fees were used to fund more marketing around the world. This includes massive new member recruitment events and jet set lifestyles for yourself.
Some of these events can be viewed on the still active AirBit Club website The last one took place in São Paulo, Brazil, last year.
One of the six defendants was Scott laughs, a California attorney who, according to the Justice Department worked with the AirBit Club director, “including removing negative information about AirBit Club and Vizinova from the Internet”., defamation lawsuits may be threatened to quell dissent.
Hughes is also accused of helping the operation Wash your earnings across multiple customer accounts.
One of the most famous Ponzi programs is PlusTokenthat recently seized more than $ 4 billion in crypto assets from the Chinese government.