Italian prosecutors in Spoleto have wrapped up their probe into Daniele Marinelli’s Ushare Ponzi scheme, charging 25 individuals, including Marinelli, with fraud, financial misconduct, money laundering, and embezzlement, per decripto.org. The scheme, a reboot of Marinelli’s Diamond Temple Coin Ponzi launched in 2017, allegedly defrauded ~30,000 victims of at least €36 million (~$38M) from 2020 to 2023, per. Funds were laundered through postal savings bonds, mutual funds, local bank bonds, luxury goods (cars, boats, real estate), life insurance, and cryptocurrencies, per Il Sole 24 Ore. The next step is indictments, per Umbria Settegiorni.
Ushare, registered in early 2020, promoted DT Coin (DTCoin), DTCircle Token, Blockchain Phone, UTake, and DTLife as part of a “global digital project” for privacy and tokenization, using MLM recruitment, per decripto.org. Investors bought positions via Telegram and websites, with promises of algorithmic revaluations, but funds flowed to promoters’ accounts in Italy, England, and Malta, per. Withdrawals stalled mid-2022, leading to collapse around March 2023 after a failed London Stock Exchange IPO pitch, per. Victim complaints surged in 2025, with events canceled and sites like Bold Technologies (tied to a fake $2.5B UAE deal) going offline, per decripto.org.
Marinelli, a Roman computer scientist from Cascia, continued via DT Socialize (dtsh.io, registered May 17, 2022), jumping to AI grift with Maia AI and Synapsia (synapsia.ai, founded April 23, 2022, in Perugia), per. In March 2025, he announced a bogus $2.5B BOT contract with UAE’s Bold Technologies for “AION SENTIA Cognitive City,” rebranded under My Aion Inc. in May 2025, per. Bold Holding, chaired by Sheikh Mohammed bin Tahnoon Al Nahyan, has no record of the deal, suggesting a cover for Marinelli’s flight to the UAE, per decripto.org. DT Socialize remains active on Instagram (comments disabled) as of November 18, 2025.
Ushare targeted Europe, with Italy’s Consob blocking sites in July 2025 for crypto abuse, per. Parallel probes in U.S., Canada, New Zealand, and Australia (fraud warnings for DAO1, tied to Apertum) continue, per. ~30,000 victims, many in Italy, face losses from a classic pyramid scheme, per. X posts from @InView_News_ (November 19, 2025) link Ushare to fraud and laundering, urging victim support, per. Bitcoin (BTC) ($113,234) and Ethereum (ETH) ($4,070) unaffected, but scams erode trust, per CoinMarketCap.
Indictments could lead to extradition challenges, as Marinelli hides in Dubai/Abu Dhabi under UAE protection, per. Victims should file claims via Italian authorities or Consob (consob.it). Diversify into USDC or ETH with stop-losses below BTC’s $112,000, per TradingView. Follow @TheBlock__ on X for updates. Ushare’s fallout may spur stricter EU crypto rules.
