A lawyer representing users in one of four class-action lawsuits against Spain-based crypto trading bot developer Arbistar is calling for authorities to take “forceful” action against its CEO.
According to a report from Spanish news outlet elDiario.es, lawyer Carlos Aránguez said that the response from authorities in regards to Arbistar CEO Santi Fuentes, who allegedly scammed users out of millions, does not match the severity of his crime. Fuentes has been out on probation since his arrest in October for his role in the alleged billion-dollar crypto Ponzi scheme Arbistar ran this year. He was charged with fraud and money laundering.