Andreas Szakacs, co-founder of the defunct OmegaPro crypto and forex platform, was arrested in Turkey for allegedly scamming investors out of $4 billion through a Ponzi scheme. He is accused of promising high returns via an automated trading algorithm, freezing accounts, and ceasing withdrawals in November 2022. Authorities confiscated crypto wallets and tracked over $160 million in transactions linked to the scheme, which is suspected to have ties to the infamous OneCoin scam.
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