{"id":9575,"date":"2021-07-14T07:54:57","date_gmt":"2021-07-14T07:54:57","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/self-proclaimed-bitcoin-inventor-jorg-molt-arrested-for-alleged-crypto-pension-fraud\/"},"modified":"2021-07-14T07:54:57","modified_gmt":"2021-07-14T07:54:57","slug":"self-proclaimed-bitcoin-inventor-jorg-molt-arrested-for-alleged-crypto-pension-fraud","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/self-proclaimed-bitcoin-inventor-jorg-molt-arrested-for-alleged-crypto-pension-fraud\/","title":{"rendered":"Self-Proclaimed Bitcoin Inventor J\u00f6rg Molt Arrested for Alleged Crypto Pension Fraud"},"content":{"rendered":"

In 2019, a man with Fabio-like hair entered the cryptocurrency scene with questionable claims when he told a slew of people he helped co-found the creation of Bitcoin. The self-proclaimed Bitcoin inventor named J\u00f6rg Molt not only offered a \u201cSatoshi School\u201d but allegedly ran a number of scams on the side. The publication Bild reports the 48-year-old man was arrested by Bavarian police at Frankfurt Airport over accusations of fraud.<\/strong><\/p>\n

Self-Proclaimed Bitcoin Inventor J\u00f6rg Molt Arrested in Frankfurt<\/h2>\n

J\u00f6rg Molt once claimed<\/a> he helped invent Bitcoin<\/a> and also said he was good pals with \u200b\u200bAndreas Antonopoulos after a wild appearance at the 2019 WCC Vegas Blockchain Week conference. Molt allegedly went around the conference in Las Vegas claiming to be the co-inventor of Bitcoin. After the story went viral, Antonopoulos discredited his claims and stressed that he didn\u2019t know Molt at all.<\/p>\n

\u201cApparently, a German person called \u2018J\u00f6rg Molt\u2019 has been showing a selfie taken with me and telling people that we are friends \u2014 This is a LIE,\u201d Antonopoulos tweeted<\/a> at the time. \u201cI don\u2019t know him at all \u2014 I have heard from others that he claims to be the founder of Bitcoin and has thousands of BTC<\/a> \u2014 A LIE.\u201d<\/p>\n

J\u00f6rg Molt is professionally known as DJ Sun Love in Germany.<\/p>\n

The regional publication the Bild reports<\/a> that Molt was recently arrested just as he was about to board a plane at Frankfurt Airport. Law enforcement officials believe Molt has been behind some scams also involving a 54-year-old woman who was allegedly his companion. The Bavarian police also searched Molt\u2019s home and found evidence tied to the investigation.<\/p>\n

<\/p>\n

German \u2018DJ Sun Love\u2019 Started a Bitcoin Pension Fund That Closed Shop in 2020<\/h2>\n

Molt is being charged with defrauding 50 people for $2.14 million with a scheme dubbed the \u201cBitcoin Pension\u201d project. Molt, who is also a well-known DJ in Germany<\/a>, reportedly told investors that the funds he obtained would go to BTC<\/a> miners in Sweden. 40% of the funds were allegedly kept in a safe account but in 2020, Bitcoin Pension stopped operations and investors called it a scam.<\/p>\n

Investigators claim the self-proclaimed Satoshi did not invest the funds into mining and he\u2019s being charged for his promises of big returns. Back in 2019, during the WCC Vegas Blockchain Week event, Molt told people he held more than 250,000 bitcoin. However, despite Molt\u2019s claims, his ex-wife filmed a Youtube video<\/a> claiming Molt didn\u2019t even own a computer in 2008 when the Bitcoin network launched.<\/p>\n

What do you think about J\u00f6rg Molt getting arrested in Germany? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nNews, 2019, Andreas Antonopoulos, Bitcoin, Bitcoin Pension, BTC, DJ in Germany, DJ Sun Love, Frankfurt Airport, Fraud, Jorg Molt, Molt\u2019s ex-wife, Satoshi Nakamoto, Self Proclaimed Bitcoin Inventor, Self Proclaimed Satoshi, Sweden, WCC Vegas Blockchain Week<\/p>\n","protected":false},"excerpt":{"rendered":"

In 2019, a man with Fabio-like hair entered the cryptocurrency scene with questionable claims when he told a slew of people he helped co-found the creation of Bitcoin. The self-proclaimed Bitcoin inventor named J\u00f6rg Molt not only offered a \u201cSatoshi School\u201d but allegedly ran a number of scams on the side. The publication Bild reports…<\/p>\n","protected":false},"author":0,"featured_media":9576,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9575"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9575"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9576"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}