International Collaboration Dismantles 460 Million Euro Crypto Scam
Spanish authorities, in collaboration with international partners, have successfully dismantled a significant crypto investment scam that defrauded over 5,000 victims worldwide. The operation, which took place on June 25, resulted in the arrest of five suspects and the seizure of approximately 460 million euros that were laundered through a complex network of international accounts.
The fraudulent scheme promised victims high returns on non-existent crypto investments, luring them into transferring their funds through various means, including bank transfers, cash withdrawals, and crypto transfers. The gang established a global network of sales representatives who convinced individuals to invest in fake crypto products, further…
