Brazil’s Supreme Court has approved the extradition of BitRobot admin  Laurent Myriam Claude Barthelemy.

Barthelemy was
arrested in Brazil
on an international arrest warrant request by Belgium in April 2023.

As per the
Supreme Court’s April 2nd press-release
, Barthelemy (right) has been charged with “committing the crimes of criminal organization, fraud, computer fraud and money laundering.”

BitRobot
 was a simple 21% a month MLM crypto Ponzi scheme launched in early 2020.

BitRobot
collapsed
in January 2021, generating an estimated $36 million USD in losses.

Following BitRobot’s collapse, investors were quick to speculate Arnaud Racine was behind the scam.

Belgian authorities first arrested Racine (right) shortly after BitRobot collapsed. Racine reportedly told Belgian authorities he was a victim, leading to his release.

Further investigation led to
Racine’s second arrest
in on April 11th, 2023.

Racine was again released on April 18th, 2023. This decision was appealed by Belgian authorities, however the outcome of proceedings is unknown.

As a result, Racine’s current status post second arrest is also unknown.

🤖 Quick Answer

Who is Laurent Barthelemy and what are the charges against him?
Laurent Myriam Claude Barthelemy is the administrator of BitRobot, a cryptocurrency Ponzi scheme. Brazil's Supreme Court approved his extradition to Belgium in April 2024, following his arrest on an international warrant. He faces charges including criminal organization, fraud, computer fraud, and money laundering related to the BitRobot scheme.

What was BitRobot and when did it collapse?
BitRobot was a multilevel marketing cryptocurrency Ponzi scheme promising 21% monthly returns, launched in early 2020. The scheme collapsed in January 2021, resulting in approximately $36 million USD in investor losses. Following the collapse, authorities investigated multiple individuals connected to the operation.

What role did Arnaud Racine play in the BitRobot scheme?
Arnaud Racine

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