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"Bitcoin Sheikh" Sentenced to 56 Years in Prison 🚀
The Federal Court has sentenced Francisley Valdevino da Silva, the famous "Sheikh of Bitcoin" 🔥, to 56 years, 4 months, and 10 days behind bars. A monumental punishment. The man orchestrated a cryptocurrency fraud that left thousands without their savings.
The ruling arrived on Wednesday. Curitiba. Your city. Your base of operations.
Sentence and Accomplices 🌕
He didn't fall alone. Five accomplices received sentences ranging from 11 to 48 years. The Brazilian Federal Police seem quite convinced that Da Silva was the mastermind. The others? Mere pawns in his game.
Guilty of everything. Fraudulent financial management. Theft of others' money. Unregistered securities. Concealment of assets. An impressive list, frankly.
He was arrested in 2022. Then he was released in 2023. It seems he didn't learn his lesson. According to investigations, he returned to his old ways with former employees. He didn't comply with the court's measures. Result? Back to jail.
The Operation of the Pyramid Scheme 💰
It was quite a spectacle. Eye-catching conferences. Fake testimonials. Smiling people telling how they got rich thanks to the "Sheikh".
The promises? Almost magical. 2.8% daily. Capital doubled in six months 📈. Too good to be true. And so it was.
The money was going to end up in their pockets. Mansions. Cars. Luxuries. The scheme collapsed when the math did its thing. There wasn't enough to pay everyone.
Notable Victims and Estimated Damages 🔍
Sasha Meneghel fell into the trap. Xuxa's daughter lost 1.2 million reais. Football players too. Their names? A mystery still.
The United States helped with the investigation. Interpol did too. The losses are astronomical. 30 million in the U.S. In Brazil? About 4 billion reais, more or less. Thousands are still waiting to see their money. It doesn't seem very likely.
Da Silva remains locked up. October 2025. The story continues to unfold. More victims. More details. The "Sheikh" case seems to be a topic of discussion for a long time 🌐.