August 4, 2020

$1.4 Trillion crypto scam to be analyzed at OffshoreAlert London


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From OffshoreAlert

The biggest scam in the history of finance will be scrutinized at next month’s OffshoreAlert Conference on financial intelligence and investigations in .

The fraud – which is ongoing – involves the massive price manipulation of Bitcoin and other major cryptocurrencies like Litecoin, Ethereum, Zcash, and Dash so insiders can clean-up.

Click here to register or learn more about early bird, government and
under-35 rates.

At the heart of the scheme is cryptocurrency exchange Bitfinex and ‘stablecoin’ Tether, BVI-owned products that provide most of the liquidity for the entire cryptocurrency market.

Last week, a class action securities fraud complaint against the alleged masterminds was filed at federal court in New York, with damages estimated at more than $1.4 Trillion.

Attorneys representing the class will discuss the case at OffshoreAlert London next month, including opportunities for insolvency practitioners and fraud investigators. Kyle Roche and Velvel Freedman, of Roche Freedman, will present a session entitled ‘$1.4T Cryptocurrency Scam: Inside The World’s Biggest-Ever Fraud’.

Another session will show attendees how to trace and recover virtual assets as the epidemic of blockchain/crypto-related fraud takes centre stage at this year’s event.

The 8th Annual OffshoreAlert Conference Europe will take place at the Leonardo Royal London St Paul’s Hotel, formerly known as the Grange St. Paul’s, in London on November 11-12, 2019.

The networking opportunities presented by the quality and diversity of attendees is unparalleled, exceptional, and invaluable for anyone involved in high-value, cross-border finance.

To register or find out more about our conference, please visit

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