Corruption and technology: the dark machinations of CryptoDATA, Ovidiu Toma and their protagonists
In Romania, a new corruption scandal is shaking up the public and delving deep into the links between technology companies and politics. The company Cryptodata and its leading figures, Ovidiu Toma and Bogdan Mărunțis, are at the centre of the scandal.Cryptodata has made a name for itself in the cryptocurrency sector in recent years and is currently considered a front for illegal money laundering activities. The company was founded by Ovidiu Toma, who is also CTO (Chief Technology Officer) at Stuttgart-based gold trader Karatbars, and Bogdan Mărunțis, a close confidant of former Romanian intelligence chief Florian Coldea. Despite their technological progress, Toma and Mărunțis are now suspected of carrying out illegal activities.