On Tuesday, November 22, Javier Biosca jumped from the fifth floor of a hotel in Estepona, Spain. His suicide ended a career as an international broker that was as brief and irregular as the cryptocurrencies he handled.
Biosca leaves behind a wife and son. However, there is no trace of the private plane, mansions or luxury cars that he supposedly accumulated over the course of a few years.
When he was buried this Friday in the resort town of Estepona, only a small group of relatives attended the funeral. In addition to his wife and son, only his mother and a handful of friends showed up.
Given the state of the body, the casket was kept shut.
From March 2019 until the fall of 2020, Biosca was the biggest cryptocurrency scammer in Spain. Throwing around words like “blockchain” and “digital wallet,” he managed to deceive hundreds of clients – including lawyers, notaries, businessmen and dangerous Russian and Romanian mobsters based in Andalusia, in the south of Spain. According to police sources consulted by EL PAÍS, each person he interacted with had lost at least €50,000 ($52,000) in his pyramid scheme.
Biosca was born 50 years ago in Barcelona. He lived there until 2001, when he fell in love with Paloma Gallardo, a hairdresser from the province of Toledo. They set up house together in Torrijos – a town of less than 10,000 residents – where he tried, unsuccessfully, to set up a hardware store. Shortly after, the couple moved to Fuensalida, a…
