- Europol dismantled a $700M crypto laundering network
- Raids in Cyprus, Germany, and Spain seized $1.7M in assets and arrested nine
- Scammers used fraudulent platforms, pressure tactics, and deepfake celebrity ads to lure thousands of victims
Europol and multiple national law enforcement agencies recently took down a cryptocurrency and money laundering network worth more than 700 million. The network extended to multiple countries, and spanned fake exchange platforms, fake customer support centers, and fake affiliate marketing infrastructure.
