A 23-year-old law student from the Netherlands, who presented himself as a crypto banker, is accused of stealing up to €10 million in a suspected pyramid scheme. He reportedly ran a crypto bank for two years, attracting investments from family, associates, and others. He charged a minimum fee of €5,000 and took 50% of profits. After sending an email to about 300 investors stating he lost all funds, including his own, he disappeared. His actions are suspected to be a crypto pyramid scheme, with lawyers noting it has "all the hallmarks." The student is now missing, with his social media accounts deleted and his house empty.
Summary:
A 23-year-old law student from the Netherlands, who presented himself as a crypto banker, is accused of stealing up to €10 million in a suspected pyramid scheme. He reportedly ran a crypto bank for two years, attracting investments from family, associates, and others. He charged a minimum fee of €5,000 and took 50% of profits. After sending an email to about 300 investors stating he lost all funds, including his own, he disappeared. His actions are suspected to be a crypto pyramid scheme, with lawyers noting it has "all the hallmarks." The student is now missing, with his social media accounts deleted and his house empty.