Venezuelan Authorities Arrest Argentina's Crypto Fraud Suspect

News Flash 2026-02-03 00:31

Venezuelan police have apprehended Rosa María González, a key suspect in the Generación Zoe crypto fraud case, in San Cristóbal. González is accused of fleeing with 611 bitcoins, valued at approximately $56 million, following the collapse of the Ponzi scheme in mid-2022. The Generación Zoe fraud reportedly resulted in investor losses exceeding $120 million. González allegedly enticed investors with promises of up to 7.5% returns, claiming her trading algorithm had quantum security and could deliver 70% monthly profits. While on the run, she is suspected of planning another fraudulent venture, offering a 5% monthly return on a minimum $1,000 investment. Diplomatic tensions between Argentina and Venezuela are complicating her extradition process.

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