Man suspected of stealing $62 million in cryptocurrencies

Every day, cryptocurrencies are gaining more and more importance in society, as well as in economic and financial systems. Recently in Portugal T3 was sold in Braga (Portugal9 for 3 bitcoins.

The director of a cryptocurrency investment and creation platform has been accused of running a $62 million (58.7 million euro) worldwide fraud scheme.

Man accused of committing electronic fraud to steal cryptocurrencies

The U.S. Attorney's Office has released a denunciation that says Luis Capucci, 44, who lives in a city on the southeast coast of the U.S. state of Florida, is charged with the crimes of "conspiracy to commit electronic fraud, securities fraud and money laundering" on international level".

The indictment alleges that Capucci misled investors about his company's Mining Capital Coin (MCC) cryptocurrency creation and investment program, which offered investment through the purchase of "mining packages."

Deputy Attorney General Kenneth A. Polite Jr. of the Justice Department's Criminal Division said...

Cryptocurrency scams are hurting financial markets around the world, misleading investors and limiting the ability of legitimate entrepreneurs to innovate in this growing area.

The Department is dedicated to tracking money, physical or digital, to carry out criminal schemes, bring fraudsters to justice, and protect investors.

If Capucci is found guilty on all counts, he faces up to 45 years in prison.

Cryptocurrency or cybercurrency is a medium of exchange that can be centralized or decentralized using blockchain technology and cryptography to ensure the validity of transactions and the creation of new units of currency.

BUT bitcointhe first decentralized cryptocurrency, was created in 2009 by a user who used alias Satoshi Nakamoto.