Crypto CEO on the run after allegedly stealing 1,800 BTC and 28,000 ETH
A crypto CEO accused of stealing bitcoin and ether currently worth more than $170 million has gone on the run after tampering with his ankle tag, prosecutors announced on Thursday. According to an October 10 filing in New York, sixty-four-year-old Horst Jicha “tampered with his ankle bracelet on Friday, October 4, 2024, and has absconded in violation of his pretrial conditions.” Pretrial services reportedly alerted the government 12 hours after the bracelet stopped working and an arrest warrant was requested that evening. Supreme Court won’t stop sale of 69,370 Silk Road bitcoins Read more: Binance exec accused of tax evasion flees Nigeria during mosque visit German citizen Jicha ran USI-Tech, an alleged multi-level marketing scheme that claimed to be a crypto-mining investment firm. From December 2017, USI-Tech received various cease and desist letters from US and Canadian securities authorities before shutting down in January 2018. After this Jicha halted withdrawals and b...