Serbia Extradites Citizen Involved in $70 Million Crypto Scam to the US

Serbian authorities have extradited its citizen, Antonije Stojilkovic, to the United States of America after he was indicted by a jury in Dallas on the allegations that he duped investors of over $70 million with a fraudulent crypto scheme.

According to the authorities, Stojilkovic and his conspirators, requested investments in binary options and cryptocurrency mining and promised their investors an average return of 80%. They also promised to refund 20% of the investor’s fund in situations where the trade or the investment incur a loss.

Not only that, the frauds also made a misleading advertisement where they said investors would enjoy the opportunity of buying Bitcoin at “half the market price” through their crypto mining platform. The US Department of Justice stated that the frauds also conspired to create false trading activity, withdrawal history and wire receipts to cover their tracks.

It was added that the fraud scheme spanned several continents, targeting American citizens and foreigners alike and the operators created fraudulent investment platforms like Options Rider, Bancde Options, Start Options, Dragon Mining, BTC Mining Factor, and Trinity Mining.

The accused was arrested in Serbia last year and was extradited to the US last Thursday. His conspirators include Kristijan Krstic, Xenia Faye Atilano Krstic, Marko Pavlovic, Uros Selakovic, and Nenad Krstic, and Haojia Miao. They all face up to 20 years in a federal prison if convicted.

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