HotNews No 115 : : Kristijan Krstić Pleads Guilty to Securities and Wire Fraud – A Good Example of Justice in the Fight Against Financial Criminals

Dear Clients,

Good news comes from the United States – Kristijan Krstić, the leader of an international Ponzi scheme, has pleaded guilty to conspiracy to commit securities and wire fraud, marking another significant step in the global fight against financial crime.

Guilty Plea and Sentence:

According to the plea agreement, Krstić is facing up to 20 years in prison for each charge, along with possible fines of up to $5.25 million. The filing was officially submitted in Texas on April 1, 2025, and Krstić will face sentencing based on this plea.

Defeat of Ponzi Schemes:

Krstić led an international criminal syndicate that operated several fraudulent MLM crypto schemes, including Hedger Tech, Start Options, and Dragon Mining Tech, along with associated websites like Crypto Mining Space, Palilula Mining, BTC Trader Online, BTC Mining Factory, and Coin Pool Mining. These platforms, like many others, promised unrealistic returns, but in reality, they were part of a fraudulent scheme that deceived investors worldwide.

Asset Forfeiture Agreement:

As part of his plea deal, Krstić agreed to forfeit significant assets, including luxury watches, vehicles (Ferrari and Mercedes-Benz S350), as well as 17,011 Bitcoins, 2.19 million Tether, and other cryptocurrencies. His real estate in multiple countries, including Serbia, Portugal, and Greece, has also been seized and will be sold, with proceeds going to the U.S. authorities.

Significance of Justice:

This case serves as a great example of how global authorities, including the U.S. Department of Justice, can successfully tackle complex international financial frauds. Despite Krstić attempting to evade justice by fleeing to multiple countries, he was eventually caught, and the seized assets will be used to compensate the affected investors.

Message for Investors:

This case is a reminder of the importance of exercising caution when investing in dubious platforms that make unrealistic promises. Protecting your rights and interests, as well as engaging professional legal counsel, are crucial steps in avoiding financial losses and defending yourself against scams.

We will continue to keep you informed about important developments in law and justice related to financial frauds. If you have any additional questions or have encountered new information relevant to our work, please feel free to contact us.

Your DefendMe Team