Six Austrians Arrested in Multi-Million Euro Crypto Scheme
Law enforcement agencies from Austria, Cyprus and Czechia have collaborated to dismantle an online cryptocurrency scam, resulting in the arrest of six Austrians allegedly behind the scheme. The investigation, supported by Europol and Eurojust, targeted the orchestrators of a purportedly new cryptocurrency launched in December 2017. Following six house searches, authorities seized over EUR 500,000 in cryptocurrencies and EUR 250,000 in fiat currency and froze numerous bank accounts. Additionally, assets, including two cars and a…
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