Renwick Haddow, a British citizen and alleged Bitcoin fraudster has been extradited from Morocco to the U.S. and appeared in a Manhattan District Court on Friday, the U.S. Department of Justice (DoJ) announced April 13.
The DoJ complaint alleges Haddow, 49, “misappropriated investor funds” and "made false and misleading representations” to investors in Bitcoin Store, Bar Works, and related schemes, from Nov. 2014 through June 2017. He has been charged with two counts of wire fraud - for Bitcoin Store and Bar Works respectively - with each carrying a maximum sentence of 20 years in prison.
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