European Authorities Dismantle €600 Million Cryptocurrency Fraud Network

European Authorities Dismantle €600 Million Cryptocurrency Fraud Network

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European authorities arrested nine individuals in a coordinated operation targeting a cryptocurrency money laundering network that defrauded victims of over €600 million. The operation, led by Eurojust, involved collaboration among investigators and prosecutors from France, Belgium, Cyprus, Spain, and Germany, with actions taking place on October 27 and 29.