Tagged: bitclub

July 11, 2026 @ 3:52 pm By Omar Faridi  |  

Federal prosecutors are reportedly preparing to abandon criminal proceedings against the alleged leader of one of the largest cryptocurrency-related investment schemes in recent years. The move comes after years of legal proceedings and on the eve of a scheduled trial, marking a notable shift in… Read More

March 24, 2020 @ 2:25 pm By JD Alois  |  

The alleged fraudsters involved in the BitClub $722 million crypto fraud are looking to be released from the county jail over fears of the COVID-19 pandemic. In December of 2019, the US Justice Department announced the indictment of three individuals. Matthew Brent Goettsche, 37, of… Read More

December 29, 2019 @ 10:20 am By Cali Haan  |  

Citing a “serious risk of flight,” Judge William Matthewman has ordered the pre-trial detention of Jobadiah Sinclair Weeks in Florida. Weeks is one of three men arrested in different parts of the U.S. in early December for allegedly carrying out a $722 million USD cryptocurrency “mining”… Read More

December 15, 2019 @ 2:58 pm By Cali Haan  |  

The operator of a Montana cryptocurrency “mine” says he has been “blindsided” by the arrest of Matthew Brent Goettsche, indicted earlier this week for allegedly pervading a $722 million USD cryptocurrency fraud. According to The Sacramento Bee, Rick Tabish of Butte, Montana, has been operating a cryptomining… Read More