FutureNet Co-Founder Arrested in Montenegro Over Alleged $21 Million Fraud

Quick Summary:

Roman Zimian, who founded the alleged "large-scale international pyramid scheme" FutureNet, had previously escaped from house arrest in Italy.

Zimian founded FutureNet in 2014 with business partner Stefan Morgenstern.

Terra co-founder Do Kwon is currently the focus of a jurisdictional tug-of-war between the U.S.and his native South Korea after he served a jail sentence in Montenegro for attempting to travel on forged documents.

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Article Details

Author / Journalist: Stephen Graves

Category: Crypto

Markets: EstoniaAlbaniaGreeceItalySouth KoreaOmanPoland

Topics: Roman Zimian FutureNet Fraud Montenegro Arrested Law and Order FutureCoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 17:26:07 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 376 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 22197424

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Official Website: decrypt.co

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