A guy that is Serbian been charged in a indictment filed Tuesday for embezzling $7 million from U.S. investors through two fraudulent cryptocurrency platforms.
According to the indictment, Kristijan Krstic, 45, ended up being the creator of "Start Options" and "B2G," two investment that is digital-asset, which fraudulently induced U.S. investors to shop for securities in the form of investment contracts.
Start Alternatives purported to offer cryptocurrency trading and mining solutions, while B2G claimed to be an "ecosystem" for the exchange of B2G tokens, cryptocurrency and fiat cash.
The money spent by users had been laundered through a Philippines-based account and money wallet that is digital.
$7 million was then utilized in Krstic with a promoter into the U.S. of which point he stopped giving an answer to communications, tweeting that "the time has arrived to locate challenges being brand new opportunities."