€600 Million Crypto Scam Dismantled: Nine Suspects Arrested in Five Countries

A €600 million cryptocurrency scam has been dismantled by European authorities, leading to the arrest of nine suspects across five countries. The operation, coordinated by Eurojust, involved law enforcement agencies in France, Belgium, Cyprus, Spain and Germany. Investigations revealed the creation of numerous fake crypto investment platforms designed to defraud unsuspecting investors. Victims were targeted through various methods like social media marketing, cold calls, fabricated news articles, and celebrity-endorsed testimonials. 💰