# GAS Consultoria cryptocurrency fraud investigation > Live situation record from CLSTR: https://clstr.news/situations/gas-consultoria-cryptocurrency-fraud-investigation > Updated: 2026-09-18T21:35:53.000Z. Sources: 4. Developments: 2. Glaidson Acácio dos Santos, known as the ‘Bitcoin Pharaoh,’ has admitted in court testimony to acting as a ‘whale’ to manipulate cryptocurrency prices. Operating through GAS Consultoria, the scheme allegedly moved over R$ 38 billion and impacted a large number of victims through a pyramid structure that used new deposits to pay older investors. Acácio and his wife, Mirelis Yoseline Diaz Zerpa, face accusations of leading a criminal organization that promised above-market returns to various investors. While authorities have seized digital assets, including a ‘cold wallet’ containing significant funds, creditors are currently seeking nearly R$ 3 billion in court. The scale of the fraud has led to cultural interest, with production beginning in Rio de Janeiro for a feature film titled ‘O Faraó dos Bitcoins.’ Directed by Sergio Rezende and based on the book ‘Queda Livre,’ the film will chronicle the rise and fall of the couple and their alleged financial pyramid scheme. ## Timeline ### 2026-09-18: Bitcoin Pharaoh film begins production in Rio de Janeiro Filming has begun in Rio de Janeiro for ‘O Faraó dos Bitcoins,’ a movie depicting the massive cryptocurrency pyramid scheme led by Glaidson Acácio dos Santos in Brazil. 2 sources. https://clstr.news/cluster/bitcoin-pharaoh-film-begins-production-in-rio-de-janeiro ### 2026-09-07: Bitcoin Pharaoh admits to cryptocurrency market manipulation Glaidson Acácio dos Santos, the ‘Bitcoin Pharaoh,’ admitted to manipulating crypto markets via GAS Consultoria, a scheme involving 77,000 victims and R$ 3 billion in debts. 2 sources. https://clstr.news/cluster/bitcoin-pharaoh-admits-to-cryptocurrency-market-manipulation --- Cite as: GAS Consultoria cryptocurrency fraud investigation. CLSTR, https://clstr.news/situations/gas-consultoria-cryptocurrency-fraud-investigation