Argentine cryptocurrency scam suspect arrested in Venezuela after allegedly fleeing with $56 million worth of Bitcoin

BTC0,22%

Odaily Planet Daily reports that Venezuelan police have arrested Rosa María González, a suspect in the Generación Zoe scam case, in San Cristóbal. The scam resulted in investor losses of at least $120 million. Leonardo Cositorto, head of Generación Zoe, previously stated that Rosa María González escaped with 611 Bitcoins after the project’s collapse in mid-2022, worth approximately $56 million at the time. Investigations show that Generación Zoe attracted investors by promising returns of up to 7.5%, but was actually a Ponzi scheme. Rosa María González claimed that the trading algorithm she developed had quantum-safe features, with monthly returns of up to 70%. During her escape from Venezuela, she allegedly planned a new scam project, promising a minimum investment of $1000 and a monthly return of 5%. Currently, diplomatic relations between Argentina and Venezuela are tense, and extradition procedures face difficulties.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC drops 0.68% in 15 minutes: whale selling pressure combined with macro risk aversion sentiment triggers short-term pullback

From 09:15 to 09:30 (UTC) on March 3, 2026, BTC recorded a -0.68% return within 15 minutes, with a price range of 66,595.0 to 67,141.1 USDT and an amplitude of 0.81%. Market attention increased during this period, short-term volatility intensified, and investors became highly sensitive to capital flows and risk asset sentiment. The main driver of this anomaly was a large whale short-term concentration of BTC inflows and sales on a major mainstream exchange. On-chain data shows that since early 2026, the inflow ratio of large whales (addresses holding ≥1,000 BTC) reached a recent high,

GateNews4m ago

Gate Research Institute: The Perpetualization of TradFi Assets and the Systematic Layering Advantages of Gate's Macro Perpetual Contracts

Against the backdrop of increased macro volatility and cross-market linkages in 2026, Gate has split macro trading into two complementary paths and embedded them into account infrastructure: Gate TradFi (MT5 + CFD) offers a professional entry point closer to traditional rules and cost structures, while Gate Macro Perpetual Contracts settle in USDT and incorporate stocks, metals, indices, forex, and commodities into a unified margin and risk management framework within contract accounts. As of February 11, Gate has launched over 70 macro perpetual contracts covering five major asset classes; at the mechanism level, Price-Hold handles pricing continuity during market closures, and supports parallel long and short positions within the same market, as well as a mix of full and isolated margin positions, and independent leverage settings for isolated longs and shorts in a sub-account mode, thereby enhancing the executability of hedging, position adjustments, and strategy reuse.

GateResearch22m ago

BTC drops below 67,000 USDT

Gate News bot message, Gate market display, BTC drops below 67,000 USDT, current price 66,992.6 USDT.

CryptoRadar41m ago

BlackRock Loads Up $767M in Bitcoin — Institutions Step In Big

BlackRock's significant Bitcoin ETF inflows show growing institutional confidence, indicating a shift in market behavior amid geopolitical tensions. While retail investors panic, institutions accumulate BTC for long-term gains, potentially setting the stage for future market trends.

Coinfomania43m ago

Michael Saylor Declares End of Bear Market, Sees $1M Bitcoin

Michael Saylor asserts Bitcoin's bull market will persist, predicting it could reach $1 million due to increased institutional demand and fixed supply. Despite his optimism, critics caution against historical market volatility and risks.

Coinfomania50m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)