Javier Biosca, the broker of the alleged Algorithmics crypto scam, dies


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The principal investigated by the alleged cryptocurrency scam committed by the Algoritmhmics business group and investigated by the National Court, Javier Biosca, died this Tuesday, according to legal sources reported to Europa Press.

Biosca was free for three weeks, after he deposited the bail of one million euros set by the head of the Central Court of Instruction Number 1, Alejandro Abascal.

Biosca was until now accused of continued fraud, misappropriation and falsehood in public document, crimes that he would have perpetrated through the company Algorithmhmics Group, attracting private investors since 2019 who wanted to obtain high interests in the cryptocurrency market. The damage would be around 500 million euros and there would be more than 750 injured.

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