Those Brazilian Football Avid gamers Become Sufferers of a Crypto Rip-off (File)


The pro Brazilian football gamers – Gustavo Scarpa, Mayke Rocha de Oliveira, and Willian Bigode – have reportedly misplaced over $5 million because of making an investment in an alleged fraudulent cryptocurrency company known as Xland.

The corporate mentioned it didn’t run a pyramid scheme and promised to reimburse the sufferers.

Athletes Have Fallen Sufferers

Scarpa – Brazilian football participant who performs for Premier League membership Nottingham Wooded area – and Mayke Rocha de Oliveira (higher referred to as Mayke) – who competes at Brazil’s Serie A staff Palmeiras – have been supposedly steered to sign up for Xland as traders via Willian Bigode. 

The platform promised returns of as much as 5% a month, however it kind of feels find it irresistible tired the gamers’ funding. Scarpa disbursed 6.3 million reais (round $1.2 million), whilst Mayke parted with 4 million reais (roughly $757,000). Each gamers filed proceedings with the police a number of months in the past. Scarpa not too long ago commented:

“I’ve all the time noticed silly other folks fall sufferer to pyramid schemes and scams. Discovering myself in a scenario like this is terrible.”

Bigode – a former teammate of the sufferers at Brazil’s reigning champion Palmeiras – denied persuading the gamers to spend money on Xland. He mentioned he’s additionally a sufferer of the meant rip-off, shedding 17.5 million reais (over $3.3 million):

“I’m no longer a scammer, I didn’t take someone’s cash. I’m a sufferer, too, as a result of I haven’t gotten my very own a reimbursement to nowadays.”

Vinicius Salva – lead investigator at the case – said there was once “robust proof” that Xland operated as a pyramid scheme. However, the company rejected the ones claims, announcing the investor losses resulted from the dying of the crypto trade FTX in November 2022. Xland additionally vowed to revive the football gamers’ finances.

A few of Brazil’s Greatest Crypto Scams

The biggest country via landmass in South The usa has develop into a hotbed for cryptocurrency schemes during the last few years. 

The native government detained Claudio Oliveira, a.ok.a. “The Bitcoin King,” in 2021 on suspicion of swiping 7,000 BTC from shoppers of his Bitcoin Banco Team. The investigators claimed that he transferred the stolen property to his non-public pockets. Upon his arrest, the police confiscated onerous wallets belonging to Oliveira, along luxurious vehicles and an enormous amount of money.

Brazil’s legislation enforcement businesses performed a an identical operation closing yr, halting the operations of a felony group led via the businessman Francisco Valdevino da Silva, higher referred to as the “Bitcoin Sheikh.” According to the accusations, the crowd’s participants lured other folks to sign up for their crypto platform, promising them as much as 20% returns on their funding.

The investigation, named “Operation Poyais,” estimated that the wrongdoers stole a large amount of finances from sufferers all the way through the years and laundered $766 million price of virtual currencies. 

Featured Symbol Courtesy of Nottingham Publish


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