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Ex-crypto executive arrested in Germany – threatened with 50 years imprisonment

One of the founders of the crypto-asset-mining marketplace NiceHash was arrested in Germany. Matjaž “Iserdo” Škorjanc, along with three others, is charged with various frauds and his involvement in the Darkweb Forum “Darkode”. He was arrested last week at the request of the US authorities. In the case of a conviction, Škorjanc has to expect up to .

The Crypto-Chef has been searched by the USA since

According to the Slovenian news agency Operation of a Darkweb forum arrested, in which criminals could organize and exchange. The Slovene was arrested last week after a US arrest warrant demanded his extradition. He was said to have been arrested by police at a roadblock.

Škorjanc founded and served as CTO for the crypto asset mining firm NiceHash. Although the company end 2017 mysteriously for 65 Million dollars was hacked, it still exists today. After the hack, the crypto-mining service committed to repay all its customers’ affected coins. NiceHash seems to keep its promise – although the implementation takes a long time. The company announced the end of September Rate of his refund program. With that, NiceHash has then paid back 80% of the lost crypto assets. According to the report, the Slovenian authorities are still investigating the hack, the culprit has not been found.

The charges against Škorjanc, for which he was arrested last week, have nothing to do with his involvement in the cryptographic firm. The US wants to blame the Slovenes and some others for joining a criminal organization in the Darkweb and cheating. Other people sought after by the US include another Slovene, mentor Leniqi, Spanish citizen Florence Carr Ruiz and US citizen Thomas McCormick.

The report estimates that the former crypto executive, along with the other three, intervened between 2008 and 2013 has caused $ 4.5 million worth of damage. If found guilty, they are reported to have been imprisoned for up to 50 years.

The current arrest warrant is not the first time that Škorjanc has been sought by the United States. In the year He then went to court in his native Slovenia and was sentenced to nearly five years in prison. He has already served this punishment.