Bitclub Newsletter No. 109

Dear Clients,

During the month of August, there were no activities in this criminal case.

Why have the authorities in the Bitclub case not provided any updates on progress over an extended period?

There are several general reasons for this:

• The complexity of the technology used by the fraudsters.
• The concealment of participants’ identities.
• Different jurisdictions.
• The large number of victims.
• Difficulties in collecting evidence, both in terms of time and resources.
• The identities of users involved in crypto transactions are not publicly accessible.
• The police are overwhelmed with a large number of cases.
• Insufficient technical and professional resources available to the police in smaller areas.

It is clear that the Bitclub case meets the above criteria, making it a complex case.

On July 17th Joby Weeks’ sentencing was rescheduled for November 20th, 2024. No reason is provided.

Zoran Miljakovic
Attorney at Law