Dutch police dismantle global crypto investment scam, arrest alleged mastermind
ID: c346dda0-907a-5db6-b5e9-2f3de4141b99
STIX ID: report--c346dda0-907a-5db6-b5e9-2f3de4141b99
Feed Name: The Record from Recorded Future News
Dutch police dismantled a large international investment fraud operation that posed as legitimate cryptocurrency trading services. Operating since at least 2021 with about two dozen call centers and roughly 700 employees, the group allegedly generated more than €100 million per month by convincing victims to deposit funds to fake platforms whose reported profits were fictitious; victims worldwide (tens of thousands) suffered severe financial and emotional harm while investigators arrested multiple suspects, including a 46-year-old dual Israeli-Polish national described as a "well-known hacker."
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