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Crypto Fraud

Europol Dismantles Massive Crypto Gang, Laundered €700 Million

Europol Dismantles Massive Crypto Gang, Laundered €700 Million

Europol has led a major international operation to take down a sprawling cryptocurrency fraud network responsible for laundering over €700 million. The criminal organization used fake investment platforms and sophisticated marketing, including deepfakes, to lure victims before laundering the proceeds across numerous exchanges.