A reader showed up in the comments today with a link to a 2017 civil lawsuit filed against GladiaCoin and JetCoin.

I hadn’t heard of the case before so I went and looked it up.

Sure enough on July 18th, 2017, Plaintiff Gloria Jung Yun filed suit in Pennsylvania.

Named defendants in Yun’s lawsuit are three “internet Ponzi schemes businesses”,
GladiaCoin
,
JetCoin
and
TwiceCoin
.

BitcoinsBrain is also a Ponzi scheme defendant but I haven’t come across it before.

BitcoinsBrain’s website appears to have been repurposed as a crypto spam site.

Defendants identified as “internet Ponzi scheme business owners” are

Michael Johnson, an alleged resident of New York;

William Duane Portillo, an alleged resident of California;

Connie Portillo, an alleged resident of California who “enjoys the benefit of (her) husband’s internet Ponzi scheme business”;

Antoinio Casas, an alleged resident of Florida;

Satur Segade, an alleged resident of somewhere in the US and Colombian citizen; and

Oscar Ismael, an alleged resident of somewhere in the US and citizen of Mexico.

Co-defendants named in the lawsuit are

GoDaddy – alleged domain and hosting provider for GladiaCoin and TwiceCoin

CloudFlare – alleged to have “provided IP addresses and worked with” GladiaCoin and TwiceCoin

Facebook – allegedly used by individual defendants to promote Ponzi schemes

AT&T – ISP allegedly used by TwiceCoin

YouTube – used by defendants and alleged to have “information of the defendants”

Yahoo – alleged to have provided email service to defendants

DynaDot – alleged to have provide domain services to BitcoinsBrain

As alleged by Gloria Jung Yun, on a friend’s recommendation she invested bitcoin into GladiaCoin.

Plaintiff Yun decided to join with small bitcoin amount of 0.1 to witness the return of the coins as stated 2.2% daily.

Sure enough the bitcoins were accumulation [sic] to pay out as claimed by her friends.

Plaintiff Yun
borrowed money
to use for a few months and deposited total 4.8 coins to GladiaCoin.

Plaintiff Yun lost 1.3 coins (additional) by technical error at GladiaCoin by using wrong deposit digital key provided by GladiaCoin and one member told Jun to contact Mr. Portillo.

Mr. Portillo claimed to have contact with administration/tech support even though it was not listed on the website.

Yun received 0.2 bitcoin of total lost 1.3 bitcoins back at her bitcoin wallet.

Mr. Portillo was pretending to help the issues but did not return the rest 1.1 bitcoins.

Victim Jenia (Plaintiff’s sister) deposited 1.2 bitcoins right after Plaintiff Yun was receiving the bitcoins and she received total 0.3333333 before GladiaCoin shut down.

GladiaCoin was paying well as promised as stated in the website to gain trust.

Plaintiff Yun and others did not pay attention to no contact info was listed in the website since Mr. Portillo acted as bridge to the administration to GladiaCoin.

Mr Portillo was there as trust worthy for everybody’s support as top level Sponsor (

🤖 Quick Answer

What legal action was taken against GladiaCoin and JetCoin in 2017?
On July 18th, 2017, plaintiff Gloria Jung Yun filed a civil lawsuit in Pennsylvania against three alleged internet Ponzi scheme businesses: GladiaCoin, JetCoin, and TwiceCoin. Named defendants included Michael Johnson from New York, William Duane Portillo from California, and Connie Portillo from California. BitcoinsBrain was also identified as a Ponzi scheme defendant in the litigation.

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