Earlier this week we reported on the arrest of BitRobot admin Claude Barthelemy.
BehindMLM can now verify Arnaud Racine’s arrest in Belgium.
As per a paywalled report from SudInfo, Racine (proper) was arrested by Belgian authorities on Tuesday, April eleventh.
Following his arrest, Racine is presently being held at a jail in Mons. At a listening to on Tuesday, April 18th, Racine was ordered launched on April 18th.
Belgian prosecutors appealed the choice, which as I perceive it’s nonetheless taking part in out. Within the meantime Racine stays in detention.
BitRobot was a easy 21% a month MLM crypto Ponzi scheme launched in early 2020.
The rip-off collapsed in January 2021. BitRobot traders have been fast to invest Arnaud Racine (proper) was behind the rip-off.
Racine’s was suspected of being behind BitRobot’s improvement, which tracks with HLN reporting “his firm was a accomplice of Bit Robotic”.
Racine was initially arrested shortly after BitRobot collapsed. He advised Belgian authorities he was a sufferer and was launched.
The investigation continued, resulting in Raccine’s re-arrest and the arrest of Claude Barthelemy (proper) in Brazil.
Barthelemy is suspected of proudly owning and working BitRobot. Particulars of the legal case have but to be made public nevertheless it’s possible Racine has been apprehended as an confederate.
Whole BitRobot sufferer losses have been pegged at round 33 million euros (~$36 million USD).
Barthelemy was arrested in Brazil on a global arrest warrant issued by way of Interpol. He’s presently detained in Ceará.
Pending the result of Brazilian authorized proceedings, Barthelemy is predicted to be extradited on the request of Belgian authorities.