Bitclub Newsletter No. 117

Dear Clients,

As you know, we regularly monitor all developments regarding the BitClub Network fraud.

The sentencing for Joby Weeks scheduled for late 2024. These delays are a result of the complexity of the case, which involves multiple defendants and detailed investigations that require additional time. Sentencing has been postponed several times, and recent information indicates that it could take place in November 2024.

Additionally, there are concerns among victims regarding the fate of the frozen assets. Many investors are wondering when they will be able to recover their lost funds. At this time, the frozen assets and funds are subject to investigation. Additional legal procedures will be necessary to clarify the restitution situation. This includes resolving all outstanding legal proceedings against the defendants and identifying how the assets will be distributed among the victims. Unfortunately, it is not currently possible to specify exactly when the recovery of funds will become a reality.

For any additional questions or information, please feel free to contact us.

Kind Regards,

Zoran Miljaković

Attorney at Law