Miniera's co-founder Christian Petermann has been arrested yesterday

[Cryptoscene]

Miniera.io, the start-up cryptocurrency mining business allegedly located in the former biggest coal mine of the Netherlands in Geleen, seems to be collapsing. Co-founder Christian Petermann has been arrested in his home on May 16th by the FIOD for forgery and tax fraud. This was verified and published by a credible local news source of the province Limburg in the Netherlands. Though it’s unlikely that the tax fraud relates to Miniera leaving the project unharmed, but we think it’s time someone covered this subject. As of right now Christian is removed from their updated website.

Last summer Christian started to become active in the world of Cryptocurrencies and left his job as a member of the Council in Heerlen because he could not combine the two.

Christian Petermann does not have the best reputation you could wish for as a co-founder of a multimillion-dollar ICO, questions quickly arose with some curious members from the Neblio community¹, a few weeks before his arrest.

*Neblio is the blockchain platform on which Miniera has launched its own tokens ‘MMC’. 125.000.000 tokens were created of which 50.000.000 are aimed to be sold between May 1st and May 31st for 1.50€ each totaling 75.000.000€ in funds if this target is reached.

Read the full article here: https://crypto-scene.com/2018/05/17/miniera-io-from-fud-to-fiod/

Be cautious when investing.

[cowz]

They can try to evade it but eventually the tax man will come knocking at your door. Always best to pay taxes and stay legit, especially for a business

[Cryptoscene]

They can try to evade it but eventually the tax man will come knocking at your door. Always best to pay taxes and stay legit, especially for a business

Was likely related to his connections with Bitconnect, I'm sure more people will slowly be prosecuted though so far nobody has been jailed for this.