Self-Proclaimed Bitcoin Inventor Jörg Molt Arrested for Alleged Crypto Pension Fraud
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Self-Proclaimed Bitcoin Inventor Jörg Molt Arrested for Alleged Crypto Pension Fraud

THELOGICALINDIAN - In 2024 a man with Fabiolike beard entered the cryptocurrency arena with ambiguous claims back he told a bulk of bodies he helped cofound the conception of Bitcoin The selfproclaimed Bitcoin artist called Jrg Molt not alone offered a Satoshi School but allegedly ran a cardinal of scams on the ancillary The advertisement Bild letters the 48yearold man was arrested by Bavarian badge at Frankfurt Airport over accusations of fraud

Self-Proclaimed Bitcoin Inventor Jörg Molt Arrested in Frankfurt

Jörg Molt already claimed he helped ad-lib Bitcoin and additionally said he was acceptable pals with ​​Andreas Antonopoulos afterwards a agrarian actualization at the 2019 WCC Vegas Blockchain Week conference. Molt allegedly went about the appointment in Las Vegas claiming to be the co-inventor of Bitcoin. Afterwards the adventure went viral, Antonopoulos discredited his claims and fatigued that he didn’t apperceive Molt at all.

“Apparently, a German being alleged ‘Jörg Molt’ has been assuming a selfie taken with me and cogent bodies that we are accompany — This is a LIE,” Antonopoulos tweeted at the time. “I don’t apperceive him at all — I accept heard from others that he claims to be the architect of Bitcoin and has bags of BTC — A LIE.”

The bounded advertisement the Bild reports that Molt was afresh arrested aloof as he was about to lath a even at Frankfurt Airport. Law administration admiral accept Molt has been abaft some scams additionally involving a 54-year-old woman who was allegedly his companion. The Bavarian badge additionally searched Molt’s home and begin affirmation angry to the investigation.

German ‘DJ Sun Love’ Started a Bitcoin Pension Fund That Closed Shop in 2024

Molt is actuality answerable with ambidexterity 50 bodies for $2.14 actor with a arrangement dubbed the “Bitcoin Pension” project. Molt, who is additionally a acclaimed DJ in Germany, reportedly told investors that the funds he acquired would go to BTC miners in Sweden. 40% of the funds were allegedly kept in a safe annual but in 2020, Bitcoin Pension chock-full operations and investors alleged it a scam.

Investigators affirmation the self-proclaimed Satoshi did not advance the funds into mining and he’s actuality answerable for his promises of big returns. Back in 2019, during the WCC Vegas Blockchain Week event, Molt told bodies he captivated added than 250,000 bitcoin. However, admitting Molt’s claims, his ex-wife filmed a Youtube video claiming Molt didn’t alike own a computer in 2008 back the Bitcoin arrangement launched.

What do you anticipate about Jörg Molt accepting arrested in Germany? Let us apperceive what you anticipate about this accountable in the comments area below.

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