The bitcoin wallet GAS advicea company owned by Gleidson Acácio dos Santos, otherwise known as the pharaoh of bitcoins, has returned to moving funds in recent days, a fact that eventually caught the attention of a transaction-tracking company.
The company’s wallets are included in the investigation of the Federal Police investigating fraud committed by the company in Cabo Frio (RJ). Since Operation Kryptos, a lot of information has proven that the company that promised 10% per month from alleged cryptocurrency operations was actually running a fraud program against investors.
While many still believe it will be possible to recover funds, portfolio movements show that the current owner of the funds continues to try to hide amounts to complicate investigations.
Bitcoin pharaoh’s corporate wallet moves over 1,000 bitcoins
The bitcoin portfolio linked to GAS Consultoria returned to move values after more than a year of suspended funds.
According to an analysis conducted by the company Blookseer, which tracks blockchain movements, the wallets linked to the pharaoh of bitcoins moved values on February 28, 2023.
The last time the wallet moved was on December 11, 2021 and the address has been dormant ever since.
One of the suspicions of the investigations investigating the case concerns the fact that Glaidson’s wife, Venezuelan Mirelis Zerpa, was in possession of the funds and moving values. She’s been on the run since Operation Kryptos.
Wallets are in the process of the PF
Many people do not know how it is possible to know that the portfolio is really linked to GAS Consultoria.
However, Blockseer indicates that this is one of the addresses in the PF process that is investigating the matter. That is, there is no doubt that the wallet is in the possession of someone with close ties to the company.
It is worth remembering that bitcoin wallets linked to the pharaoh of bitcoins were revealed in December 2021. At the time, address balances included more than R$1.2 billion, which may have belonged to former investors who trusted the company.
In total, there were 4,330 BTCs in bitcoin, which add up to just over 500 million reais today, following a major currency market devaluation.
With the chief executive imprisoned in a federal prison, it’s not clear who continues to move the company’s resources, while investors have no concrete information on the case.
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.
