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Keyword: romanianprogrammer

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  • Romanian Programmer Admits that He Helped Create Bitclub Network, a Fraud Scheme Worth at Least $722 Million [NJ]

    07/12/2020 6:56:06 PM PDT · by ransomnote · 2 replies
    justice.gov ^ | July 9, 2020 | U.S. Attorney’s Office District of New Jersey
    NEWARK, N.J. – A Romanian man arrested in Germany admitted today to conspiring to engage in wire fraud and offering and selling unregistered securities in connection with his role in the BitClub Network, a cryptocurrency mining scheme worth at least $722 million, U.S. Attorney Craig Carpenito announced. Silviu Catalin Balaci, 35, a Romanian citizen who was living in Germany, pleaded guilty by videoconference before U.S. District Judge Claire C. Cecchi to a superseding information charging him with one count of a dual-object conspiracy to commit wire fraud and to offer and sell unregistered securities. Balaci and four co-defendants – Matthew...