Crypto Crooks Caught: Mastermind Behind €100M Scam Nabbed in Europe-Wide Sting!
In a plot twist worthy of a crime thriller, the suspected mastermind behind a €100m cryptocurrency fraud scheme was nabbed in a Europe-wide police operation. Eurojust and Europol joined forces, proving that even the most cunning crypto-investment schemes can’t outrun the long arm of the law—or their well-designed websites.
Hot Take:
Looks like the crypto con artists decided to host a pan-European reunion, but the guest list was intercepted by Eurojust and Europol. Forget about “catch me if you can,” these scammers are singing “arrest me if you dare”!
Key Points:
- Five individuals arrested in a Europe-wide police operation targeting a €100m ($118m) crypto fraud scheme.
- The operation spanned across Spain, Portugal, Italy, Romania, and Bulgaria.
- Victims were lured into fake websites promising high returns on crypto investments.
- Eurojust and Europol coordinated efforts, supporting investigators since 2020.
- Investment fraud remains the top earner in the cybercrime world.
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