Criminal Who Tried To Escape With 22 Thousand BTC Was Fined 571 Million Dollars!

Benjamin Reynolds, who tried to escape with 22,000 Bitcoin, was fined $ 571 million.

The criminal who tried to escape with 22 thousand BTC was fined 571 million dollars. In the statement made by the US Commodity Futures Affairs Commission (CFTC), according to the court decision dated March 2, Benjamin Raynolds living in Manchester, England was fined 429 million dollars. Raynolds will also have to repay the value of the BTC that he received from his customers, which is worth $ 143 million when calculated for that period. Therefore, the amount the criminal has to pay will be approximately 571 million dollars. However, the court made this decision in the absence of Raynolds. The reason for this is that the cryptocurrency investor from Manchester has not yet been found. The fraudster Raynolds was also banned from markets subject to CFTC for a lifetime for violating the Commodity Exchange Act and CFTC regulations. Collected 22 thousand 190 BTC It was stated that the British fraudster collected approximately 22,190 Bitcoins from more than 1000 people from many parts of the world, 169 from the USA, during the time frame of May 2017 and October 2017. Still wanted, Raynolds stated that he has set up a dedicated team to drive cryptocurrency using a website, emails, and social media accounts. However, it was learned that all these were lies and the fraudster disappeared with 22,190 Bitcoins. It was noted that the CFTC filed the case on the subject in 2019 and its decision was made as a result of this lawsuit.