Serbian Man Extradited to US After Indicted in $70M Crypto Fraud

Man indicted in $70m Crypto fraud extradited to the US. Antonije Stojilkovic, 32, was indicted by a Dallas based federal grand jury on allegations that he duped northern Texas investors of more than $70m.

According to the US Department of Justice, he is involved in a scheme that solicits investments in binary options and Cryptocurrency mining.

The binary options advertise an average payout of 80% and a 20% refund on every lost trade. The department stated through a statement, “the fraudulent advertisements also claimed that investors could purchase bitcon at half market price on its crypto mining platform.”

Antonije Stojilkovic, 32, was arrested by the Serbian authorities in July of last year, and the FBI delivered him to the Northern District of Texas this past Thursday.

He is alleged to have had five Serbian co-conspirators and one U.S.-based co-conspirator.

The DOJ claims the Serbian man created fraudulent trading activity, withdrawal history, and wire receipts.