Moshe Hogeg, a notable figure in the cryptocurrency sector and the former owner of Beitar Jerusalem FC, is now under intense scrutiny as Israeli police have officially recommended pressing charges against him. These allegations, which have been building over a two-year investigation, include fraud, theft, money laundering, and sex crimes.
The crux of the accusations centers on Hogeg’s fundraising activities between 2017 and 2018. He is alleged to have misleadingly secured approximately $290 million from investors worldwide for four separate cryptocurrency projects. These funds, according to the police, were then misappropriated for his personal use.
The depth and breadth of the investigation have been significant. Since the investigation was made public in 2021, around 180 individuals have been questioned, numerous searches have been conducted, and a substantial amount of evidence, money, and property has been seized across…
