# Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC

# Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC

“# Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC ” Self-described “Bitcoin King,” Claudio Oliveira, has been arrested and charged by Brazilian federal police for allegedly masterminding a 1.5 billion reais (roughly $300 million) fraud scheme involving crypto. Oliveria served as the president of Bitcoin Banco Group, a Brazilian crypto brokerage firm that has been…

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