USI-Tech
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anchored·2J2vYJ…wktKSummary
USI-Tech (United Software Intelligence Technology) was a Dubai-registered cryptocurrency and forex multilevel-marketing scheme that operated from approximately 2016 through early 2018, selling so-called 'BTC Packages' and promising investors an average daily return of 1% over 140 days. Regulators across the United States, Canada, New Zealand, and Spain issued cease-and-desist or warning orders in 2017–2018; an estimated $150 million in investor funds — predominantly in Bitcoin and Ether — was allegedly misappropriated before the platform went offline overnight. Co-founder and CEO Horst Jicha was indicted in the U.S. Eastern District of New York in August 2023, arrested in December 2023, and became a fugitive in October 2024 after allegedly tampering with his ankle monitor and absconding in violation of pretrial-release conditions.
Connected Entities
1 entities · 10 linked investigations- + 12 more
Timeline(22 events)
2016
USI-Tech founded as a forex auto-trading MLM by Horst Jicha, Joao Severino, Ralf Gold, and Mike Kiefer.
BehindMLM / CoinCentralMay 2017
USI-Tech pivots from forex to Bitcoin, launching the BTC Package product promising 140% return over 140 days.
CoinCentralOctober 2017
USI-Tech launches TechCoin ICO; users transfer more than 11,500 BTC into the token presale.
CoinCentral20 December 2017
Texas State Securities Board issues Emergency Cease and Desist Order against USI-Tech, Clifford Thomas, and Michael Rivera for unregistered securities sales.
Texas State Securities BoardDecember 2017
British Columbia Securities Commission adds USI-Tech to its Investment Caution List; similar alerts issued by Nova Scotia and Manitoba.
BCSC2018
USI-Tech halts BTC payouts to U.S. and Canadian investors; withdrawal requests go unprocessed.
CoinCentral / BehindMLM26 January 2018
Government of Saskatchewan issues Cease Trade Order against USI-Tech.
Government of Saskatchewan15 February 2018
Ontario Securities Commission issues temporary cease trade order against USI-Tech, Eleanor Parker, and Casey Combden.
Ontario Securities CommissionMarch 2018
USI-Tech BTC packages no longer available for purchase or generating returns; SEC begins requesting documents from participants, confirming an active investigation.
BehindMLM / CoinCentral16 March 2018
Quebec's Tribunal administratif des marchés financiers issues cease order against USI-Tech.
Ontario Capital Markets Tribunal Decision16 August 2018
New Zealand Financial Markets Authority issues warning against USI-Tech, stating the entity 'bears the hallmarks of a scam.'
FMA New Zealand22 February 2019
Ontario Capital Markets Tribunal issues permanent order prohibiting USI-Tech from trading in any securities or derivatives.
Ontario Capital Markets TribunalMarch 2019
USI-Tech domain redirected to Eyeline Trading, a successor scheme also linked to R&D Global.
Engadget23 August 2023
Federal grand jury in the Eastern District of New York returns sealed indictment against Horst Jicha on charges of securities fraud, wire fraud, and money laundering conspiracy.
CNBC / Bloomberg Law23 December 2023
Horst Jicha arrested at Miami International Airport upon entering the United States for the first time in more than five years.
OCCRP2024
Jicha arraigned in federal court in Brooklyn, released on $5 million bond with home-detention conditions.
CNBC / Bloomberg Law19 June 2024
USI-Tech co-founder Ralf Gold found dead at the Clube do Tiro shooting club in Cambota, Valenca, Rio de Janeiro, Brazil, age 59. Cause of death not made public.
BehindMLM4 October 2024
U.S. District Court, Eastern District of New York, issues federal arrest warrant for Jicha for violating pretrial release conditions. Jicha subsequently added to FBI Most Wanted list.
NBC New York / BehindMLMDecision Log
- hash: CdxZsdcZVJdF8DKhaVSxVPn5LQssT7hgxJLLvff4k99k
- hash: D9So8JND7W2JhYGqJzcteNr8Sv8cnApGau6AoVdgDgjG
- hash: GrNCmMSFPg2GapE73RvWJNvL3ykfsxpvwdAaJCrEukrE
This investigation is cryptographically anchored to the Solana blockchain (3 events). 24 of 24 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/31/2026, 7:53:40 PM
last updated: 7/26/2026, 2:10:29 PM
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