Million thriller: First hot lead to the “Bitcoin Mafia”

On Friday, Viennese lawyers filed charges with the public prosecutor’s office for serious fraud. As reported, up to 10,000 (!) Austrians are said to have lost part of their entire savings in trading with the digital currency.

 

 

The country’s biggest crime case to date concerning the cryptocurency Bitcoin has been causing a stir for weeks. Behind this is an investor fraud of up to 100 million euros. The Viennese law firm Lansky, Ganzger & Partner already represents 70 victims.


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The allegedly risk-free financial product (a deposit insurance of 35,000 bitcoins was promised) was sold in sects-like sales talks.

 

The investment plans – most recently advertised with returns of four percent per week – worked in this way: The invested digital money was exchanged into “real” currency, then shares were bought, sold and exchanged back into the cryptocurrency.

 

The faces of this dubious construction are “three musketeers” – two brothers and one friend, all Austrian. But the lawyers want to find out who is the actual brain behind the “Bitcoin Mafia”, an alleged “successful young entrepreneur”. Not abroad, but in Austria. Now it’s up to the courts.

 

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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