The order of Cryptoland was issued and notified for execution
According to Ekhtazonline report, quoted by Mehr, Al-Qasi, Chief Justice of Tehran province, announced at the meeting of the High Council of the Judiciary about the issuance and notification of the decision of the Cryptoland exchange case with more than 51,000 private plaintiffs.
Explaining the case, he said: The accused in the main line of the case, who registered “Yekta Elixir Sabz” company in the field of medicinal plants in 2013, started illegal activities in the field of cryptocurrency in 2017, which continued until September 2019. and on this date, he took the initiative to change the statutes to cover cryptocurrency activities.
Al-Qasi continued: The main defendant in the case, who is the CEO of Cryptoland cryptocurrency exchange and the manager and operator of some Telegram channels and other platforms in the field of virtual space, by abusing the limited knowledge of people about the field of cryptocurrencies in the country and even the superficial familiarity of some institutions With this issue and its attractiveness for conducting illegal transactions, the executive decided to create the BRG token, while this token was without support and no permission had been received from the Central Bank. After some time, a large amount of fake BRG token was bought by investors, and the accused also acquired huge sums of money from people through the cryptocurrency exchange and token sales.
Stating that during the hearing of this case in the prosecutor’s office, “claims settlement” was done with 24,802 plaintiffs, he said: the electronic wallet of the main defendant in the Cryptoland exchange case was identified according to the court order, and the necessary technical measures were taken to protect The properties of the users and the losers were realized; Also, the amount of one and a half million dollars of money withdrawn from one of the defendants who fled abroad has been returned.
The Chief of Justice of Tehran province said: As a result of the proceedings of one of the branches of the Revolutionary Court, which deals with economic crimes, the two main defendants in the said case were sentenced to 15 and 8 years in prison, as well as the payment of fines and fines to 51 thousand private plaintiffs in the form of foreign currency and rials. were convicted, 5 other defendants received prison sentences ranging from 1 to 5 years; In addition, during the investigation of this case, the decision to liquidate the illegal company “Yekta Elixir Sabz” was also issued. Also, appropriate measures are being taken to settle the claims with the rest of the creditors.