Polish citizen Roman Siemian, co-founder of digital currency trading platform FutureNet, has been detained in Montenegro in connection with allegations that he defrauded users of approximately $21 million.
Ziemian had been missing since he escaped from house arrest in Italy in 2022, with international warrants issued by Poland and South Korea for his capture.
His detention was the result of a coordinated international law enforcement operation involving Montenegrin authorities and Interpol. Ziemian was found hiding under a false identity in a newly built residential area in Podgorica.
During the operation, officers from the Anti-Crime Branch – High Tech Crime Group and the Regional Security Centre “Centar” conducted searches and seized various technical devices and items allegedly related to criminal activity.
Siemian is suspected of money laundering, theft and other economic crimes. His business partner in FutureNet, Stefan Morgenstern, was arrested in Greece and subsequently in Albania in 2023, according to police reports.
Ziemian is expected to appear before an investigating judge at the Podgorica High Court, where it will be determined to which country he will be extradited.
Coinbase is now facing mounting scrutiny after it allegedly sat on a serious data breach for over four months, exposing the personal information of nearly 70,000 users before taking action.
A major security lapse has rocked Taiwan-based crypto exchange BitoPro, which quietly suffered an $11.5 million hack earlier in May but failed to alert users for weeks.
A Nevada resident has been sentenced to six years in federal prison after orchestrating a sophisticated fraud operation that involved stealing U.S. Treasury checks and using stolen identities to access the funds.
French investigators have dismantled a group of 25 suspects—mostly under 24 years old—linked to a string of failed kidnappings aimed at wealthy individuals in the crypto space.