The “Bitcoin King’s” Lamborghini is being auctioned for BRL 845,000 – Unknown Facts

The “Bitcoin King’s” Lamborghini is being auctioned for BRL 845,000 – Unknown Facts

The Lamborghini Gallardo LP 560-4 seized in 2021 with the so-called “Bitcoin King” was auctioned last Friday (22) for BRL 845,250.

According to the auctioneer’s website, adopted by G1, the online dispute lasted about two hours and the car received multiple bids. The winner had to bid 27 times to get the luxury sports car.

The initial bid was R$ 629,000, and the winner was R$ 805 thousand. However, in addition to the value of the car, the winner must pay a commission of R$40,250.00 to the auctioneer, increasing the final price to R$845,250.

THE The Federal Police seized the vehicle in 2021, when operations that found fraud committed by a business group in the crypto-asset business. According to PF, the Lamborghini belonged to Cláudio José de Oliveira, known as the “King of Bitcoin”.

The car has a 10-cylinder engine with a power of 560 horsepower. According to PF, the car goes from zero to 100 km / h in 3.7 seconds, reaching a maximum speed of 325 km / h.


Photo: Disclosure / PF

The auction was decided by the 1st Bankruptcy and Recovery Court of the General Forum of the Metropolitan Region of Curitiba. According to the auctioneer’s description, the Lamborghini seized by the “Bitcoin King” was from 2009/2010 and is in “normal, good shape, with scratches and blemishes”.

“The vehicle will be delivered as is, without warranty, and the full functionality of its mechanical and/or electrical components cannot be guaranteed. […] There may be other damages than those described above, and it is up to the party, before the auction, to inspect the good, and complaints will not be accepted after the auction”, says the auctioneer.

Before the auction took place, the car was temporarily owned by the Federal Police of Paraná and was part of the company’s fleet.

“Bitcoin King” is convicted of embezzlement and crimes against the financial system

Photo: Production / RPC

On April 12, 2022, the Federal Court of Paraná sentenced Cláudio José de Oliveira, known as the “King of Bitcoin”, for embezzlement and crimes against the national financial system.

Judge Paulo Sergio Ribeiro, of the 23rd Federal Court of Curitiba, sentenced him to 8 years and 6 months in prison in a closed system, as well as the payment of a fine. However, the judge acquitted the “Bitcoin King” of criminal association and criminal organization.

Also accused in the action are Cláudio’s wife, Lucinara da Silva Oliveira, and Johnny Pablo Santos, considered the right-hand man of the “King of Bitcoin”.

Lucinara was sentenced to two years and five months in open government prison for attempting to embarrass the investigation. Santos was acquitted of all the crimes he was accused of.

Billionaire Scam

The “Bitcoin King” is accused of committing a fraud of BRL 1.5 billion in the simulation of cryptocurrency trading. According to the investigation, about 7,000 people were victims of the scam carried out by the brokerage controlled by him.

Five more people linked to the Bitcoin Banco Group, controlled by Cláudio José de Oliveira, were also accused of involvement in the fraud. However, the federal judge understood that these cases should be tried by state courts.

Start of investigation

Image: Gaming / Yahoo

Exchanges linked to the “King of Bitcoin” came under investigation in 2019, after the owner filed a police report claiming he was the victim of a cyberattack. At that time, the company blocked the amount of all creditors.

Due to the lack of cooperation from the owner of the company during the investigation, the Civil Police and the Public Ministry suspected that the cyber attack was fake and that the group committed a crime, such as embezzlement.

After denouncing the alleged cyberattack, the group promised creditors that it would return the withheld amount in installments. However, according to PF, this amount was never paid.

Also according to the Federal Police, Cláudio José de Oliveira is “a skilled fraudster, who kept close to him people who do not know the subjects that the criminal claimed to be a master of, especially in relation to the financial engineering of the Bitcoin Banco Group”.

Investigations show that the group took advantage of a court order to reinstate the restitution to stop the civil actions the company was responding to. Also according to PF, during the process, the group gave false information and deceived the Court, as reported by G1.

Source: G1