EUROJUST coordinates a multinational crackdown, leading to the arrests of five suspects in a crypto scam that defrauded over 100 victims across 23 countries.
EUROJUST reported the successful dismantling of a large-scale cryptocurrency fraud scheme valued at over €100 million, affecting 100+ victims across 23 countries. The operation, which included raids in Spain and other European nations, resulted in the arrest of five suspects, including the alleged mastermind. The fraud involved fake online platforms offering high returns, with funds laundered through Lithuania. Attempts to recover investments were met with demands for additional fees before the platform vanished, leaving victims with substantial losses.