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Javier Biosca, the broker of the alleged Algorithmmics crypto scam that is being investigated by the National Audiencia, dies

MADRID, 22 Nov.

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Javier Biosca, the broker of the alleged Algorithmmics crypto scam that is being investigated by the National Audiencia, dies

MADRID, 22 Nov. (EUROPA PRESS) -

Javier Biosca, the main person under investigation for the alleged cryptocurrency scam committed by the Algorithmics business group and being investigated by the National Court, has died this Tuesday, legal sources have informed Europa Press.

Biosca had been free for three weeks, after he deposited the bail of one million euros set by the head of the Central Investigating Court Number 1, Alejandro Abascal.

Until now Biosca was accused of continuous fraud, misappropriation and falsehood in a public document, crimes that he would have perpetrated through the company Algorithmics Group, attracting private investors since 2019 who wanted to obtain high interests in the cryptocurrency market. The damage would be around 500 million euros and there would be more than 750 injured.

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