A cryptocurrency fraud suspect tampered with his ankle monitoring bracelet and escaped from the surveillance site
By: blockbeats|2024/10/22 14:53:08
0
Share
BlockBeats news, on October 12, Horst Jicha, former CEO of Dubai cryptocurrency foreign exchange trading platform USI-Tech, who was suspected of cryptocurrency fraud and Ponzi scheme, was sentenced to home detention in New York and was required to pay a $5 million bail, guaranteed by his partner and children, but he has fled.
New York prosecutors said that the man who was under home detention for allegedly participating in a $180 million cryptocurrency fraud scheme appeared to have fled after tampering with his ankle monitoring bracelet. According to court documents on October 10, Horst Jicha, former CEO of USI-Tech, allegedly "tampered with his ankle bracelet" on October 4 and "fleeing in violation of pretrial conditions."
The court's pretrial services department notified the government about 12 hours after Jicha's bracelet stopped working, and the government immediately applied for an arrest warrant for the fugitive. Jicha, a German national, was arrested on December 23, 2023, in Miami, Florida, where he was planning to vacation for the first time since fleeing the country in 2018 and receiving a cease-and-desist order from U.S. authorities.
John Marzulli, a spokesman for the Brooklyn U.S. Attorney's Office, told CNBC that "there is a very active investigation underway to catch him."
You may also like
TaiJi completes $3.5 million strategic financing, with investments from Castrum Capital, Becker Ventures, and Coinvestor Ventures
The AI-driven Web3 on-chain market intelligence platform TaiJi announced the completion of a $3.5 million strategic financing, which will accelerate the construction of a new market AI simulation engine.
Bitcoin Stuck Near $73K? How Traders Are Finding Rewards in a Sideways June Market
Bitcoin is stuck near $73K as ETF flows cool and macro uncertainty keeps traders cautious. Here's how reward campaigns like WEEX Joker Party help traders stay active during a sideways June market.
What Is a Bitcoin ETF? A Simple Guide for 2026
Learn what a Bitcoin ETF is, how spot vs. futures ETFs work, and key pros and cons for traders. Read the full guide on WEEX.
Best AI Crypto Coins 2026: Top 7 Tokens Ranked by Data
Find the best AI crypto coins 2026 with data-driven picks: Bittensor, Render, and emerging projects. On-chain metrics, risks, and WEEX trading guide included.
How to Stake Solana: A Step-by-Step Guide for 2026
Find the best AI crypto coins 2026 with data-driven picks: Bittensor, Render, and emerging projects. On-chain metrics, risks, and WEEX trading guide included.
Exclusive Interview with Alpaca CEO: What is the background of the US stock underlying service provider behind Binance and Bitget?
Binance and Bitget's underlying service provider in the US stock market, Alpaca, has entered the unicorn club with its "AWS of Finance" model, currently holding 94% of the tokenized US stock market share and is accelerating the transformation of global on-chain financial infrastructure.
Variant: Three types of L1 assets are highly likely to become the main means of value storage
The basic judgment factors include: technical durability, resistance to censorship, scarcity, economic productivity, etc.
Does the performance on Perp DEX become an "invisible threshold" and "amplifier" for new coins to go live on CEX?
The liquidity migration of the new currency in 2026 from the perspective of open interest (OI) and asset labels.
Zhou Hang: How much is SpaceX really worth?
Great companies do not equal good stocks: A deep analysis of why SpaceX's $1.75 trillion IPO valuation may contain a $1.25 trillion bubble, and retail investors should avoid blindly chasing "story premiums."
IOSG: From Coinbase to Upbit: How a Token Completes a 28-Day Journey of Taking Over
The IOSG report indicates that by 2026, the listing of tokens on first-tier exchanges has formed a highly structured path where Coinbase and ByBit are responsible for initial discovery, Binance quickly verifies and confirms, and Korean exchanges provide liquidity at the end.
Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball
Overview of Important Market Events on June 1st
Guaranteed Price Now Live on WEEX: Execute with Greater Precision
To deliver a smoother futures trading experience, WEEX futures has launched a "Guaranteed Price" feature.
Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked
Overview of Important Market Events on May 31
BIS's latest research: The future of stablecoins and the global monetary landscape
The report believes that stablecoins will strengthen the dominance of the US dollar in the short term, posing risks to the monetary sovereignty of emerging markets and developing economies, while the long-term trajectory will depend on their adoption models, regulatory responses, and the synergy of ...
Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years
Compared to Nasdaq, Bitcoin is currently in a severely oversold position within its long-term trend.
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products
In-depth analysis of the cyclical curse of storage stocks: The short-term windfall brought by AI is unsustainable, and rigid capacity will ultimately backfire on prices. Beware of the "low price-to-earnings ratio" wealth trap at the cyclical peak.
"Trapped in the cryptocurrency world: Don't let the anxiety of missing out force you onto the most dangerous last train."
When global assets reach new highs, cryptocurrency becomes the only uninvited guest.
The broken defense of Solana's guardians: In order to tear apart Hyperliquid, they actually picked up the script that Ethereum once criticized itself?
HYPE surge sparks a battle of giants. Solana's leader angrily criticizes Hyperliquid for being too centralized, while Arthur Hayes counters with a strong rebuttal, betting $100,000.
TaiJi completes $3.5 million strategic financing, with investments from Castrum Capital, Becker Ventures, and Coinvestor Ventures
The AI-driven Web3 on-chain market intelligence platform TaiJi announced the completion of a $3.5 million strategic financing, which will accelerate the construction of a new market AI simulation engine.
Bitcoin Stuck Near $73K? How Traders Are Finding Rewards in a Sideways June Market
Bitcoin is stuck near $73K as ETF flows cool and macro uncertainty keeps traders cautious. Here's how reward campaigns like WEEX Joker Party help traders stay active during a sideways June market.
What Is a Bitcoin ETF? A Simple Guide for 2026
Learn what a Bitcoin ETF is, how spot vs. futures ETFs work, and key pros and cons for traders. Read the full guide on WEEX.
Best AI Crypto Coins 2026: Top 7 Tokens Ranked by Data
Find the best AI crypto coins 2026 with data-driven picks: Bittensor, Render, and emerging projects. On-chain metrics, risks, and WEEX trading guide included.
How to Stake Solana: A Step-by-Step Guide for 2026
Find the best AI crypto coins 2026 with data-driven picks: Bittensor, Render, and emerging projects. On-chain metrics, risks, and WEEX trading guide included.
Exclusive Interview with Alpaca CEO: What is the background of the US stock underlying service provider behind Binance and Bitget?
Binance and Bitget's underlying service provider in the US stock market, Alpaca, has entered the unicorn club with its "AWS of Finance" model, currently holding 94% of the tokenized US stock market share and is accelerating the transformation of global on-chain financial infrastructure.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
