Welington man arrested over FBI probe into $450 million crypto scam
A man was arrested in Auckland this morning as part of an FBI investigation into a group alleged to have scammed several victims out of NZ$450 million in cryptocurrency.
It was alleged cryptocurrency had been fraudulently obtained by manipulating seven victims between March and August 2024. The proceeds were then laundered through multiple cryptocurrency platforms.
The offenders allegedly spent millions of dollars on exotic cars, hundreds of thousands of dollars on luxury handbags, watches and clothing, nightclub services, private security guards and rental homes in Los Angeles, the Hamptons and Miami.
“Over the past three days, search warrants have been executed in Auckland, Wellington, and California, with several people arrested,…
