Heidi Fleiss, popularly known as the Hollywood Madam, has recently filed a lawsuit worth $4 million Bitcoin against a former friend, alleging cryptocurrency theft.
Heidi Fleiss, the ex-madam that catered to the rich and famous of Hollywood, is among those individuals who are fascinated by investing in Bitcoin. Fleiss was a notorious madam, a woman who ran a prostitution ring that operated in Hollywood. She started the prostitution business in 1990, and made a million dollars in a span of four months. It was in 1994 when her business crashed down in 1994 due to federal charges. She was convicted of tax evasion and sentenced to 37 months behind bars.
In 2015, Fleiss received a sizeable inheritance from her father’s estate. She decided to invest the money in order to fund her goal of helping preserve the endangered macaw parrot species. She invested the inherited money into Bitcoin and other cryptocurrencies through a friend, Elizabeth Keatinge. The former famed madam gave her friend $1 million to invest and help manage her investments.
Later in 2017, when Fleiss decided to capitalize on her investment, but Keatinge refused to return money or give her access to the cryptocurrency accounts. She claims that the accounts were jointly owned – which Fleiss has denied saying that Keatinge did not invest any money or work on the accounts.
According to a report from The Blast, Fleiss has now filed a Bitcoin lawsuit for $4 million claiming that Keatinge and her husband are converting the cryptocurrencies into fiat for their own personal use. She claims that they have stolen substantial amounts of funds, which has thwarted her life and ruined her financial security. According to Fleiss, she is owed in excess of $4 million in damages.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…
As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…
Did you know that 85% of DeFi value is concentrated in six blockchains? DeFi is…
CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…
Join us at BFC 2024 to explore the future of Web3. Use a special discount…
Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…