A Brazilian court has ordered Glaidson Acácio dos Santos, known as the “Pharaoh of Bitcoin,” to repay $3.7 billion in a ponzi scheme.
The company owned by Dos Santos, nicknamed Bitcoin Pharaoh, was launched in August last year. embroidered on a ponzi scheme was allegedly closed. Court, more than 122,000 more investor and creditor of the company located $3.7 billion repayment decided.
According to a report by Brazil’s local press O Globo, Dos Santos 3.7 billion dollars to pay 72 hours exists. The news also states that in case of getting the money back from Dos Santos to creditors and to investors pay back place to be done.
Dos Santos, who was a waiter before, was imprisoned with the “Operation Crypto” organized by the Brazilian police. Brazilian police at that time part of the operation many jewelery and to 591 Bitcoins (BTC) had seized.
According to the statements made so far more than 122,000 people He applied for the company as a creditor. In total, the creditors 1.7 billion dollarIt is known to have reported a loss of