Crypto Fugitive With $56M In Bitcoin Arrested In Venezuela
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Crypto Fugitive With $56M In Bitcoin Arrested In Venezuela
"Venezuelan authorities have arrested Rosa María González, a key figure in the collapse of Argentine crypto firm Generación Zoe, nearly four years after the scandal left tens of thousands of investors defrauded. González, 30, was taken into custody in San Cristóbal, Táchira state, following an Interpol operation. González is accused of fleeing Argentina with 611 Bitcoin, worth roughly $56 million today. She had spent years evading authorities, reportedly moving between apartments in Buenos Aires with private security before crossing into Venezuela, according to local reports."
"Her arrest comes almost exactly one year after Leonardo Cositorto, the founder of Generación Zoe, was sentenced to 12 years in prison. Generación Zoe promised investors unusually high returns, claiming to use proprietary trading algorithms with so-called "quantum security." In reality, investigators say the company operated a classic Ponzi scheme, paying older investors with funds from new participants. González reportedly introduced Cositorto to the trading algorithms that became the centerpiece of the fraud."
Rosa María González was arrested in San Cristóbal, Táchira, after an Interpol operation; she is accused of fleeing Argentina with 611 Bitcoin, worth roughly $56 million. She allegedly assisted Leonardo Cositorto by introducing the proprietary trading algorithms that anchored Generación Zoe's promises of unusually high returns. Investigators say Generación Zoe operated as a Ponzi scheme, paying older investors with funds from new participants. After the 2022 collapse, González reportedly attempted new crypto schemes promising 5% monthly returns and allegedly defrauded at least a dozen people of roughly $300,000. Extradition to Argentina faces obstacles amid severed diplomatic ties with Venezuela.
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