According to crypto.news, Greek authorities arrested 17 individuals accused of operating a cryptocurrency investment scheme that, per authorities, had gathered over $8 million from at least 10,000 participants. The case, disclosed by Hellenic Police on October 2, 2026, centers on an unauthorized platform that promised to double investors’ money within 50 days.

Key takeaways

• Seventeen suspects were detained, nine of them active-duty military personnel.
• Investigators tied the scheme to over $8 million gathered from roughly 10,000 people.
• Police seized €295,090 in cash plus dozens of phones, computers and storage devices.
• Eighteen identified victims lost a combined €55,970, though far more participants were involved.
• Suspects now…