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Another Error by Judge Peinado Leads to the Filing of the Case Against the Alleged Cult of the 'Cryptobros' of Im Academy

Summary by El Pais
IM Academy is a company that was established in Spain in 2017 and that captured thousands of young people supposedly to train them on cryptocurrencies. Until 2021, 14 families joined under the umbrella of the RedUne association, specialized in sects, to denounce their practices. According to their accounts, their children had moved away from their surroundings and lived obsessed with attracting new members for the aforementioned academy. The cas…

2 Articles

Lean Left

The magistrate acknowledges that the investigation against IM Academy, a pyramidal platform that captured thousands of young people with promises to become rich, expired in 2022 without him extending the deadlines of instruction, the same error that forced him to close the case against a director of the Municipal Transport Company of MadridVíctimas de la cryptosecta IM Academy: “I ended up lost mad, I became someone who did not recognize” Judge …

·Spain
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Lean Left

IM Academy is a company that was established in Spain in 2017 and that captured thousands of young people supposedly to train them on cryptocurrencies. Until 2021, 14 families joined under the umbrella of the RedUne association, specialized in sects, to denounce their practices. According to their accounts, their children had moved away from their surroundings and lived obsessed with attracting new members for the aforementioned academy. The cas…

·Spain
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El Pais broke the news in Spain on Monday, July 14, 2025.
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