Guy Yuval, Avi Itzkovich, and Uri Arad: The Lawyers Allegedly Turning Bitcoin into a €100M Heist

Israeli lawyers Guy Yuval, Avi Itzkovich, and Uri Arad are now at the center of a scandal that reads more like a crime thriller than a courtroom case. A recent lawsuit alleges that these lawyers orchestrated the theft of 2,300 Bitcoins worth €105 million from Belgian-Israeli businessman Jacques Henry Vygodatsky — a man himself facing charges for large-scale forex and binary trading fraud. The case exposes a disturbing web of deceit, manipulation, and alleged abuse of legal authority, where the very people tasked with upholding the law may have exploited it for personal gain. Scamming the Scammer: How Allegedly It Happened According to court filings, after European authorities issued arrest warrants for Vygodatsky in 2021, he turned to Yuval and Arad for “legal guidance”. The lawyers allegedly proposed a plan that required Vygodatsky to sever all ties with family, destroy personal documents, and hand over his digital wallets. From that point, Vygodatsky’s life reportedly became a Kafkaesque nightmare: Travel across multiple countries using fake passports provided by the lawyers. Communication strictly through disposable phones and intermediaries. Financial control fully in the hands of Yuval and Arad, while they allegedly refused to provide the promised funds and Bitcoin. The lawsuit claims [...]

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