Spanish police arrest a scammer for allegedly defrauding $1 billion in bitcoin.
Spanish police arrested Santiago Fuentes, the founder, and operator of a BTC trading firm, for allegedly scamming 120,000 users. Fuentes is alleged to have raised over $1 billion with promises of huge guaranteed profits to investors. The police arrested Fuentes in one of his homes in Tenerife, an island in Spain. Fuentes is the founder […]