Self-Proclaimed Satoshi Arrested Over Bitcoin Fraud

[Ebede]

The information of fake Satoshi is everywhere and the person deserved arrest because is causing confusion for cryptocurrency people and the person deserve am interview to explain about digital currency and how he happen he to know about cryptocurrency, some person's are using bitcoin like play and misusing the information of cryptocurrency to another, how i wish the other man called elon will be arrested also

[davis196]

Another crypto scammer got busted.Good job from the German police.
I've never heard anything about this self-proclaimed Satoshi.He isn't as famous as Craig Wright or one of the other fake "Satoshis".
Getting other people's money to buy mining hardware and build a mining facility in....Sweden?
Yeah,that should work.
It's too sad that there are still people,who would believe such bullshit business plan,only because Bitcoin has been used as a buzzword and many naive people still associate Bitcoin with fast and big profits.

[BuNga_cute]

The information of fake Satoshi is everywhere and the person deserved arrest because is causing confusion for cryptocurrency people and the person deserve am interview to explain about digital currency and how he happen he to know about cryptocurrency, some person's are using bitcoin like play and misusing the information of cryptocurrency to another, how i wish the other man called elon will be arrested also

Fake satoshi if allowed to circulate a lot will indeed make the crypto world look bad, because fake satoshi only spread misleading news.
This will be detrimental to people who believe in it, especially newbies who do not have experience and knowledge can easily become victims.
So I agree that if fake satoshi is arrested, it can reduce fraudulent activities that occur in the crypto world, most people claim to be Satoshi
Nakamoto's goal is to commit fraud.

[7788bitcoin]

On reading the headlines i thought Craig was caught as i know him to be the self proclaimed Satoshi   So there are many so called scammers trying to use the name of Satoshi and making a fortune and i am glad all of these scammers are going to prison for a long time and get blacklisted to conduct any business, wish all the scammers rot in hell as i was also a victim of ICO scams in the market.

[BitcoinPanther]

For a second I thought they caught Craig, lol.

Same thought here lol, though I wish it was really Craig.

I wonder if it is worth going jail over 2 million bucks. He is already 48 y.o. and I can't see him getting out before 60, or maybe even more. The chances are he is going to die in prison.

It was 2 million bucks many people that value money over reputation is so willing to risk everything in order to get this kind of money in any possible way.

I guess you just can't run out of dumb people.

When greed trigger people become dumb.  Happens to everyone including us, I say. 

[dificanovi]

it wasn't the self-proclaimed Satoshi Nakamoto arrested for Bitcoin fraud, the real person was Faketoshi. Besides Faketoshi I also hope that all the fraudsters are also caught by the Police, they are very disturbing to the bitcoin community around the world. If the punishment for these fraudsters is very severe, criminal acts in cryptocurrency will be reduced and bitcoin holders will feel comfortable.

[AakZaki]

More too than the first satosi (fake) haha. He uses fame to deceive. He seems smarter than Craig. This seems to be the effect of bitcoin's fame, bitcoin makes it very easy for people who are too smart (cunning and evil) to deceive investors. My guess is these are investors who are new to bitcoin. I'm sure for old investors it will be hard to believe in a system like this. It seems that new investors need education so they don't easily believe in big profit offers.

[DarkDays]

For a second I thought they caught Craig, lol.

It was also Craig Wright who came to my mind first when I saw the title of this thread. But it wasn't, and it was a smaller faketoshi who was arrested. Why can't the wealthy faketoshi, CSW, be brought to justice and get arrested over his own worse version of fraud? The man is wreaking havoc within the crypto community and yet when he goes to court over something clearly foolish and baseless, he's given undue respect.

Same here, I suppose there are many 'Craig Wrights' out there with the same agenda. Interesting though, that this guy hasn't become that famous for someone who proclaimed to be Satoshi not until now when all matter for him went south.

On this topic, it is my guess that many more people will try to claim that they're the real deal taking advantage of early cryptonians who might not be aware of how easy it is to prove the title for BTC...

[SaShiRaJaVu]

~
On this topic, it is my guess that many more people will try to claim that they're the real deal taking advantage of early cryptonians who might not be aware of how easy it is to prove the title for BTC...

It is not easy to prove the title, only scammers will claim the title without any proof and their intention is to scam others who are not aware of the market or have no idea about verifying the claims and that is what these scammers want as they know how to easily scam innocent users and it is good to see these scammers are getting arrested for their scams.

[Renampun]

...

I was so excited because I thought it was Craig Wright but it wasn't

the person who claims to be satoshi is a pure swindler and has a mental disorder. but until now there are still many ordinary people who do not know that satoshi is anonymous, the importance of intensive education is carried out to prevent fraud like this from happening again. hope the government will do that soon.

[stomachgrowls]

For a second I thought they caught Craig, lol.

It was also Craig Wright who came to my mind first when I saw the title of this thread. But it wasn't, and it was a smaller faketoshi who was arrested. Why can't the wealthy faketoshi, CSW, be brought to justice and get arrested over his own worse version of fraud? The man is wreaking havoc within the crypto community and yet when he goes to court over something clearly foolish and baseless, he's given undue respect.

Same here, I suppose there are many 'Craig Wrights' out there with the same agenda. Interesting though, that this guy hasn't become that famous for someone who proclaimed to be Satoshi not until now when all matter for him went south.

On this topic, it is my guess that many more people will try to claim that they're the real deal taking advantage of early cryptonians who might not be aware of how easy it is to prove the title for BTC...

When it comes to noise generated then it isnt something to be similar on what CSW had done in the past and since this German entrepreneur isnt really that much known then you can really say that this isnt really that a
big news and knowing that this market had been infested out by lots of scammers then those identity claims is one of them and those fools or newbie investors are still keep feeding up these fellas
without even knowing on whats the truth. Lacking simple and basic research is the cause.

For someone who do scam, swindled, fraud is just right that those would be put up in prison and for those investors out  there then you should be at least mindful towards on the money you do sent out to someone.

[crwth]

This is not that surprising anymore. Many of these opportunists take the mystery person's identity or group of people and take that as their gateway to getting their fortune. It's just sad that people get scammed like this, and I hope they recover their assets.

It just shows that we, people, have problems, and we need to address them. We don't need to embody a make-believe fantasy that you are satoshi. We are all satoshi.

[Chato1977]

A man who identified himself as Satoshi Nakamoto has been arrested for bitcoin fraud.
According to Bild, Jorg Molt, a German entrepreneur who claimed to have invented bitcoin and started the Satoshi school, was arrested.
The 48-year-old man was stopped and arrested by the Bavarian police in Frankfurt minutes before boarding a plane flying to South America.
Following his arrest, his apartment in Karlsruhe was searched and evidence was found.
Police have also launched an investigation into a 54-year-old woman who was with him.
Molt is said to have defrauded 50 people of the "Bitcoin Retirement" project worth € 1.8 million ($ 2.14 million).
The German entrepreneur, who also happens to be a DJ, tried to deceive investors using his relatively extensive social network.
In summary, the plan was to use 60% of the total investment to purchase fixed-rate bitcoin mining hardware at a location in Sweden, and to keep the remaining 40% of the funds in a secure account. Molt claimed that it was possible to withdraw money from the account at any time.
The "Bitcoin Retirement" project was halted in 2020 after many members began to express concern about its fraud.
During the investigation, it was revealed that Molt had never intended to invest the bitcoins received from the extraction.


Source: https://u.today/self-proclaimed-satoshi-arrested-over-bitcoin-fraud

How stupid those people to believe about His claim to be Satoshi when they need to Purchase a Mining Hardware?
That is foolishness to believe because the real Satoshi has Million of Bitcoins in His wallet so what is the need for another Mining ?

[bitterguy28]

People like this are really a Con Artist that can make great pretending as it was really believable . Being Satoshi nakamoto requires tons of proof before you can finally tell that this is Him but what we have in this person is a purely Lying Baboon . Yet he managed to take more than 2 million bucks?
I'm sad that there are still victims but at least they are being put in bar now , Good agency working for this.

[yazher]

This is how it should as many people are taking advantage to claim that they the real founder of Bitcoin when they didn't even have any contribution to him. Looks like the FBI or the NBI will not tolerate any claim such as this one because if they left untouched, they will surely fool people with their promising words and at the end of the day nothing will gonna happen to those words they promised and they will run with all the money they gathered from those poor ignorant investors. To stop that thing to happen, they need to arrest those who claim fake Satoshi as soon as possible.