The broker of the alleged Algorithmmics crypto scam guarantees 1 million euros and asks the judge to release him

Biosca has already left prison after previously depositing bail but returned to jail after his guarantor withdrew it

MADRID, 28 Oct. (EUROPA PRESS) -

Javier Biosca, the main person investigated for the alleged cryptocurrency scam committed by the Algoritmhmics business group, has deposited the bail of one million euros set by the judge of the National High Court Alejandro Abascal, whom he has requested to release him.

In a letter, to which Europa Press has had access, Biosca's representation has urged the person in charge of the Central Court of Instruction Number 1 that his release from prison be "immediate" and that "the appearance" of his guarantor or your legal representative.

It was last July when the judge agreed to return Biosca to provisional prison with a bail of one million euros. The magistrate made that decision after both his former lawyers and his guarantor warned the instructor that they suspected he might run away.

Abascal justified this measure by pointing out that his first guarantor, who had deposited the million euros of bail that allowed Biosca to leave the Valdemoro prison (Madrid) on June 29, expressly asked the AN to return it.

It was the guarantor who warned that he had tried to contact Biosca but it had been "totally impossible", because the broker's phone "was off continuously". For this reason, he went to Biosca's home, where "there was no one since July 4." The neighbors, according to him, told him that "on that date there had been a move of furniture."

The broker, for his part, appeared by videoconference from Seville denying the AN judge that he had tried to flee. If he had not been able to be located, then I assure you, it is because his guarantor called a different telephone number than the one he normally uses.

Biosca is accused of continued fraud, misappropriation and falsehood in a public document, crimes that he would have perpetrated through the Algorithmhmics Group company, capturing since 2019 private investors 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 affected.