A German national who was under home detention in New York City on a $5 million bond guaranteed by his domestic partner and children in a case in which he was charged with overseeing a $150 million cryptocurrency fraud is now a fugitive. After noticing that Jicha's ankle bracelet was not working, Pretrial Services officials sent him an email directing him to visit their office the next day. Jicha did not show up, the prosecutor told U.S. District Court Judge Orelia Merchant. Only then did Pretrial Services inform prosecutors that Jicha's ankle bracelet had ceased working, 26 hours after becoming aware of that fact, the prosecutor told the judge. CNBC has requested comment from Pretrial Services in Brooklyn federal court.

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Persons: John Marzulli, Horst Jicha, Marzulli, Horst, Jicha, Orelia Merchant Organizations: Brooklyn U.S, U.S, CNBC Locations: New York City, Brooklyn, Germany