French Police Seize €1.6m Amid Crypto Scam Network Crackdown
An international network of crypto scammers has been taken down in Europe following operations led by the Belgian, French and Cypriot police forces.
In an official statement on November 4, Laure Beccuau, a French state prosecutor, revealed that nine individuals were arrested in their home in Cyprus, Germany and Spain.
The suspects are accused of being involved with an international cryptocurrency investment scam and money laundering network.
Six were subject to European arrest warrants issued by French investigating judges.
These arrests followed a law enforcement operation conducted between October 27 and 30 by authorities in France, Belgium and Cyprus, with the collaboration of Eurojust.
Authorities also seized €800,000 in bank…
