[Spanish Police Investigation Reveals $1.1 Billion in Bitcoin Transferred After Arbistar Collapse] An investigation by the Spanish Civil Guard has revealed that 881 bitcoins were transferred to external wallets when the cryptocurrency platform Arbistar collapsed in September 2020. From January to March 2021, wallets associated with the main defendants saw a cumulative inflow and outflow of over 20,000 bitcoins, worth over $1.1 billion. The platform was classified as a Ponzi scheme, involving 32,000 investors, with approximately $1 billion in investor funds unaccounted for in 2020. Founder Santiago Fuentes Jover and partner Diego Fernández Nojarova were sentenced to 16 and 11 years in prison, respectively. (Source: Bitcoin.com News)