In a significant law enforcement effort, nine suspects were arrested for their involvement in a cryptocurrency money laundering network that has defrauded victims of approximately €600 million (about $688 million). The operation was conducted by Europol and Eurojust, with actions taking place across Cyprus, Spain, and Germany between October 27 and 29.
The operation marks a notable achievement in the fight against financial crime, particularly in the cryptocurrency space, which often attracts illicit activities due to its decentralized nature. The coordinated raids and arrests reflect increasing international cooperation to tackle sophisticated financial scams that exploit vulnerabilities in digital currencies. Details from the investigation highlight the need for proactive measures to combat money laundering and protect consumers.
👉 Pročitaj original: The Hacker News
