Self-described “Bitcoin King” Claudio Oliveira has been arrested and charged by Brazilian federal police for allegedly masterminding a 1.5-billion reals (roughly $300 million) fraud scheme involving crypto. Oliveira served as the president of Bitcoin Banco Group, a Brazilian crypto brokerage firm that has been under investigation since 2019 claiming to have lost 7,000 Bitcoin (BTC) in investor funds. According to a rough translation of a Monday press release, federal police from the Curitiba Metropolitan Region served Oliveira and other members of Bitcoin Banco Group with one preventive arrest warrant, four temporary arrest warrants, and 22 search-and-seizure warrants. Bitcoin Banco Group …

In his Declaration of the Independence of Cyberspace John Perry Barlow wrote, “Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of Mind.” “On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we gather.” Yet today, the Internet is highly centralized and under the thumb of few governments and corporations. USA Today cited the research firm Forrester as saying that Amazon alone controls 42 percent of the cloud market by revenue. Then there …