European Authorities Dismantle €600 Million Crypto Fraud Network

European Authorities Dismantle €600 Million Crypto Fraud Network

First seen 2 Dec 2025, 18:33 UTC Feeds2.FeedburnerThehackernews 22.2

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A coordinated international operation led by Eurojust has dismantled a large cryptocurrency money laundering network that defrauded victims of over €600 million. Nine individuals were arrested, and the operation involved collaboration among investigators and prosecutors from France, Belgium, Cyprus, Spain, and Germany. The actions took place on October 27 and 29.