Iranian Cyber Police have reportedly arrested Bridge Oracle CEO Sina Estavi, in response to a tweet pinned to Estavi’s Twitter account.

A tough translation of the tweet reads:

“The proprietor of this account was arrested on costs of disrupting the financial system by order of Particular Courtroom for Financial Crimes. Official judicial authorities will present extra data.”

The identical tweet can be pinned to the official account of Bridge Oracle, a Tron Community-based public oracle system. On the time of writing, the worth of Bridge Oracle’s native token, BRG, has taken a pointy dive, crashing by greater than 65%, in response to data from TradingView.

Bridge Oracle is alleged to be a Malaysia-based blockchain firm, however Estavi’s different enterprise, cryptocurrency change Cryptoland, was working in Iran. Cryptoland’s Twitter account shares the identical pinned tweet. No additional data was shared publicly by the authorities.

Estavi is thought for his heated bidding battle with tech entrepreneur and Tron CEO Justin Solar to buy Jack Dorsey’s first-ever tweet as an NFT. Twitter’s first tweet is dated March 2006 and reads, “Simply organising my twttr.”

Ultimately, Estavi efficiently bought the NFT for greater than $2.9 million, or 1,630 Ether (ETH). Dorsey transformed the proceeds to Bitcoin (BTC) and donated them to a charity group in Africa.

Earlier this yr, Estavi was sued by former CEO Mate Tokay for allegedly failing to pay him for his providers. In his declare, Tokay additionally alleged that there’s an inconsistency between the purported and precise circulating provide of BRG.

Cointelegraph reached out to Bridge Oracle for remark. This text might be up to date ought to they reply.