By Nathan Ferguson
The public ministry of Brazil has asserted that it has evidence against the Bitcoin Pharaoh – an accused crypto scam organizer – saying that he employed professional assassins to take the lives of his crypto opponents.
Brazilian Ministry Accuses Bitcoin Pharaoh of Appointing Assassins to Kill Crypto Opponents
The Pharaoh, whose real name is Glaidson Acácio dos Santos, received a jail sentence in 2021 after going through court proceedings on the allegations of conducting a crypto-based Ponzi of up to $7B worth, promising the clients to provide 10% returns on staking. The respective project is considered to have swindled football players, actors, models, and other such celebrities.
According to the reports, the ministry asserted that it possesses the recordings of discussions giving proof that Glaidson organized a method to take any other person’s life who would dare to compete with him in the crypto sector of the Lagos Region.
The ministry specified that a well-structured organization was orchestrated by Glaidson where he kept weapons, professional killers, spies, and so on with coordination by a unit from the central intelligence. On the other hand, the lawyers of Glaidson mentioned that the respective accusations came to their client as a surprise and he did not have any link to the recordings being associated with him.
Nonetheless, the ministry proposed the view that it could be heard in a sequence of recordings under their custody that Pharaoh is citing the pyramid schemes as well as seemingly planning a list of killings. Apart from that, the ministry pointed out that up to 6 shell firms had been developed by the inner circle of Glaidson.
In the words of the ministry, the respective companies were utilized to transact funds to the other firms which were responsible for paying the bills of the organization. The ministry elaborated that the respective bills took into account expenses like purchasing weapons, appointing private spies and assassins to oversee and kill the victims, and making payments to the hired persons in advance of the execution of the killings.
Previously, in August, it was reported that an Armação de Búzios-based collaborator of Glaidson called Lorram Gomes da Silveira got arrested by the authorities that additionally confiscated cash of more than $9,250. According to their claims, Lorram was a partner of Pharaoh in the utilization of crypto assets as an instrument for carrying out their embezzlement activities.
It was claimed by the prosecutors that Pharaoh assisted Lorram to convert funds from cash bribes into cryptocurrency while attempting to conceal the funds. The Rio de Janeiro-based federal court directed the convict to recompense 19B Brazilian reals (approximately $3.7B), with the target of compensating the creditors and investors who lost their funds in the Ponzi.
The Bitcoin Pharaoh, who formerly worked as a waiter, has allegedly started the pyramid project named Operation Kryptos. Up to 591 Bitcoins (equaling $28M) thereof were confiscated by the federal police along with other things such as documents, jewelry, and watches. Dos Santos had above 122,000 investors registered on a creditor website, according to the reports.
Court Discards Dos Santos’ Candidature for the Seat of a Congressional Deputy
After that, the court granted habeas corpus in the case of Dos Santos. He was expecting to play the role of a federal deputy contender under the Christian Democratic party before his arrest. However, subsequently, a Rio de Janeiro-based regional electoral court unanimously polled to restrict the candidacy of Dos Santos for the position of a congressional deputy.