Buyer of Jack Dorsey’s first tweet reportedly arrested in Iran
Sina Estavi, the businessman who bought a non-fungible token (NFT) from Twitter founder Jack Dorsey’s first tweet for $ 2.9 million, has been arrested in Iran, according to a now-deleted document. a message posted on his verified Twitter account.
Although Iranian officials have confirmed they have arrested members of Estavi’s society, it is not known whether the Based in Malaysia the businessman was one of those detainees. According to several local media, Estavi was arrested.
Iranian officials apparently seized Estavi’s Twitter account on Monday morning, posting: “The owner of this media outlet has been arrested for disrupting the economic system, by order of the Special Court for Economic Crimes.”
Fees have yet to be specified, but the tweet said additional information was available through the website of the Organized Crime Investigation Center, a affiliate of the Cyber Defense Command of the Islamic Revolutionary Guard Corps. The tweet was posted at 8:48 a.m. UTC (4:48 a.m. ET) on Monday.
An accompanying person declaration posted on the Crime Investigation Center website Gerdab.ir said members of the blockchain company Bridge Oracle, of which Estavi is CEO, were arrested for disrupting the country’s economic system, as ordered by the Special Court for Economic Crimes. According to the statement, the investigation into the Bridge project began nine months ago.
The statement does not name Estavi himself but a local media Mehrnews reported that the statement confirms his arrest.
The tweet announcing Estavi’s arrest was deleted by the account at around 4:40 p.m. UTC (12:40 p.m. ET).
Estavi is also the head of Based in Malaysia cryptocurrency exchange CryptoLand. In March, Estavi Won a bidding war against Tron founder Justin Sun for Dorsey’s token tweet. Estavi compared Dorsey’s “Genesis Tweet” to Leonardo da Vinci’s “Mona Lisa”, calling it a “piece of human history”.
However, the unofficial allegations against Estavi have been on the rise for some time. In January, Estavi was for follow-up by Mate Tokay, co-founder of Bitcoin.com for not paying Tokay for his advisory services on the Bridge project, as well as for using his name to promote the project and his native BRG token.
Shortly after Estavi bought the tweet, Bridge users began accusing Estavi of fraud and misleading investors on Twitter. Allegations escalated after Iranian crypto researcher Kave Moshtaq insinuated Estavi sent thugs to intimidate him outside an Iranian courthouse in April. Moshtaq had filed a complaint against Estavi.
“After I left the court, five motorcyclists stopped me in front of the car and hit me. Fists landed on my face ”, Moshtaq wrote on Twitter, next to a photo with blood on its face.
Two days later, the Iranian Blockchain Association make a call for information, inviting Estavi and the complainants to submit documents and information to the association.
The association released the call for information after “receiving numerous complaints” about Bridge, Estavi and CryptoLand.
Cyber Organized Crime Investigation Center statement hinted that the BRG project was “illegal, unreliable and unsupported” and said users in Iran are still trapped in fraudulent activity associated with cryptocurrencies “due to a lack of financial literacy and investment knowledge. in cyberspace.”