Norwegian Crypto Fraudsters Allegedly Stealing Millions Through Ponzi Scheme

Norway is grappling with one of its largest investment fraud cases as authorities have charged four men in connection with a massive cryptocurrency scam that defrauded thousands of investors of over 900 million kroner ($80 million). Authorities say the scheme operated under false pretenses, promising lucrative returns on fake investments. The stolen funds were reportedly laundered through a Norwegian law firm and companies based in Asia, making them difficult to track.