The owner of the BTC Trader company, Nilson Alves da Silva, is under investigation again in Brazil for possible scams in the cryptocurrency market, after offering high yields to investors without permission to operate.
In Cabo Frio, he became known for creating a rival company to GAS, the bitcoin pharaoh. While recruiting GAS clients and employees around town, it wasn’t long before Nilson became the target of a crime.
For example, on March 20, 2021, while driving through the city streets, criminals approached his car and shot the owner of BTC Trader at close range. Even narrowly escaping death, the new suspect was left with dire consequences.
Owner of BTC Trader should be investigated for any promises of returns in the market
Better known as “Nilsinho” among Cabo Frio investors, he tried to counter GAS Consultoria and founded BTC Trader. Since being shot, possibly at the behest of the pharaoh of bitcoins, he has shut down his suspicious business.
Thus, customers who have invested with the company complain about scams and demand a refund. Under investigation live coinsRio de Janeiro’s Prosecutor’s Office received numerous complaints, but preferred to refer the case to the Federal Court.
“It is clear that ‘cryptocurrency trading’ is nothing more than a camouflaged outfit to attract investment. BTC TRADER was, in fact, a financial institution incorporated without proper authorization and fraudulently managed by negotiating collective investment contracts without the authorization of the competent authority (CVM), providing false information to investors about the nature of the company.”
The investigation is suspended, with Reporting Minister Joel Ilan Paciornik, who is monitoring the case, ruling that Rio de Janeiro’s criminal court should hear the trial. This is because, according to the minister, the STJ, BTC Trader committed the crime of embezzlement, not against the financial system. The MPF should receive the process for review in the coming days.
In any case, Nilson Alves’ company is under investigation, which promised 10% per month and closed in 2021.
The target of Bitcoin Pharaoh’s assassination group
Investigations by the Rio de Janeiro Civil Police indicate that “Nilsinho” may have been one of the victims of the death squad, commanded by the Bitcoin Pharaoh.
After the failed assassination attempt on Nilson Alves, Pharaoh’s group managed to assassinate Wesley Pessano, in July 2021. With the episode gaining national exposure, Glaidson’s company was shut down by Operation Kryptos, initiated by the Federal Police in August of that year.
The investigation of the crimes continues in court and recently influenced the transfer of Glaidson Acácio to a federal prison in Catanduvas, Paraná. In deciding to remove him from Rio de Janeiro, federal justice deemed it dangerous for the suspect to remain in the state.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
