Spanish police arrest five over $542 million crypto investment scheme
Spanish law enforcement arrested five people suspected of running an international cryptocurrency investment fraud scheme that laundered more than €460 million ($542 million) from over 5,000 victims worldwide, according to a statement from Europol. The suspects, based in Madrid and the Canary Islands, allegedly operated a global network of accomplices who collected money through cash deposits, wire transfers and cryptocurrency transactions. According to Spain’s Guardia Civil, the criminal ring...
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