Tagged: bitclub network

Bitclub Fraud Suspects Look for Early Release Due to Coronavirus Fears

March 24, 2020 @ 2:25 pm By JD Alois |

The alleged fraudsters involved in the BitClub $722 million crypto fraud are looking to be released from the county jail over fears of the COVID-19 pandemic. In December of 2019, the US Justice Department announced the indictment of three individuals. Matthew Brent Goettsche, 37, of… Read More

Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged bitclub, bitclub network, coronavirus, covid-19, fraud, jobadiah sinclair weeks, joseph frank abel, matthew brent goettsche, scam, us department of justice

BitClub Principals Arrested for Promoting Alleged $722 Million Cryptomining Fraud

December 11, 2019 @ 6:31 pm By Cali Haan |

Four men have been arrested and charged with promoting a cryptocurrency mining pyramid scheme that defrauded victims out of $722 million USD. Matthew Brent Goettsche, Jobadiah Sinclair Weeks and Joseph Frank Abel were arrested in various locations in the United States early this month and were… Read More

Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged bitclub network, cryptomining, fraud, jobadiah sinclair weeks, joseph frank abel, matthew brent goettsche, mining