Register a Case For Bitclub Scam

From April 2014 to December 2019, BitClub Network was a fraudulent scheme that demanded money from investors in exchange for shares of alleged cryptocurrency mining pools and rewarded investors for recruiting new investors to the scheme.

Defendants:

  • Matthew Brent Goettsche
  • Russ Albert Madeline
  • Jobadiah Sinclair Weeks
  • Joseph Frank Abel
  • Silviu Catalin Balaci

Goettsche and others received the equivalent of at least $ 722 million from BitClub investors.

Bitclub Network also offers its members an incentive/referral bonus to recruit more members to the network. Because of this, many people criticized the Bitclub Network as a Ponzi scheme.

Case summary:

Defendants Goettsche, Balaci, and Weeks have been charged with conspiracy to engage in wire fraud in connection with their roles in the BitClub network. From April 2014 to December 2019, BitClub Network was a fraudulent scheme that demanded money from investors in exchange for shares of alleged cryptocurrency mining pools and rewarded investors for recruiting new investors to the scheme. Goettsche, Balaci, Weeks, and others have teamed up to seek investments in the BitClub network in fraudulent ways, including providing false and misleading information that BitClub investors were told was “bitcoin mining profits” allegedly generated by the BitClub mining network.

Criminal proceedings are being conducted under the jurisdiction  United States.

The public is reminded that an indictment contains only charges and is not evidence of guilt. The defendants are presumed innocent until proving guilt beyond a reasonable doubt.

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OVERALL CLAIM AGAINST - Bitclub scam

For the total claim amount, please summarize the following amounts from your Bitclub account.
You are allowed to link a maximum of 20 different usernames from Bitclub to this request.
Mining payment that you were receiving in BTC and BCH you need to convert to USD on the date you are registering your claim. That we know your total claim amount in USD and invoices.

$ 0.00
Click or drag files to this area to upload. You can upload up to 80 files.

EXPLANATION ABOUT SCREENSHOTS FOR BITCLUB

Please take and keep for your records as well a following screenshots from Bitclub:
- amounts on each wallet,
▶️ screenshots of all your invoices