Share this article
Serbian Man Indicted for Embezzling $7M Through Fraudulent Crypto Schemes
According to the indictment, Kristijan Krstic founded two digital-asset investment platforms that fraudulently induced investors to buy securities in the form of investment contracts.
Updated Sep 14, 2021, 12:16 p.m. Published Feb 24, 2021, 10:29 p.m.
A Serbian man has been charged in an indictment filed Tuesday with embezzling $7 million from U.S. investors through two fraudulent cryptocurrency platforms.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- According to the indictment from the U.S. Justice Department, Kristijan Krstic, 45, was the founder of "Start Options" and "B2G," two digital-asset investment platforms, which fraudulently induced U.S. investors to purchase securities in the form of investment contracts.
- Start Options purported to provide cryptocurrency mining and trading services, while B2G claimed to be an "ecosystem" for the exchange of B2G tokens, cryptocurrency and fiat money.
- The money invested by users was laundered through a Philippines-based account and digital currency wallet.
- Then $7 million was transferred to Krstic via a promoter in the U.S. at which point he stopped responding to communications, tweeting that "the time has come to find new challenges and opportunities."
- Krstic had previously communicated with investors using the alias "Felix Logan" and the Twitter handle "@felixlogan_cfo".
To all my family and friends, the time has come for me to find new challenges and opportunities, therefore I would like to inform everyone that I am no longer part of Startoptions. Thank you for all the amazing experiences and great times to all my fellow colleagues! #goodluck
— Felix Logan (@felixlogan_cfo) April 27, 2018
See also: Serbian Man Extradited to US After Being Indicted in $70M Crypto Fraud
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Trump's Voice Would Have 'No Weight' in Rate Decisions, Fed Front-Runner Hassett Says
Hassett is perceived as dovish and likely to support Trump's calls for significant interest rate cuts to boost economic growth.
What to know:
- Kevin Hassett, a leading candidate for Fed chair, stated that President Trump's opinions would not influence interest rate decisions if he were appointed.
- Hassett is perceived as dovish and likely to support Trump's calls for significant interest rate cuts to boost economic growth.
- As of now, Hassett has a 52% chance of being nominated as Fed chair, according to Polymarket odds, surpassing Kevin Warsh's 40%.
Top Stories
