Maybe it was a website malfunction. Or a “solar flare” that required the website to be shut down for a few days. Or it could’ve been a head injury that resulted in a medically induced coma for five days?
The Department of Justice’s Criminal Division and the Internal Revenue Service will take Saffron to trial in August on a raft of charges including wire fraud, money laundering and conspiracies to commit wire fraud, obstruct justice and commit money laundering. Using aliases including the “Bitcoin Yoda” and the “Blue Wizard”, Saffron allegedly claimed to have invented an AI bot that would undertake an eye-watering 17,000 transactions every hour and guarantee a minimum of 150 per cent return on investment.To get investors interested in his various fictitious companies, prosecutors will allege the 51-year-old claimed to have developed the apps for Snapchat and Uber and wrote the security software used by most US banks.