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Authorities Take Down Organized Crime Group Responsible for $6.6 Million Crypto Scam

Authorities Take Down Organized Crime Group Responsible for $6.6 Million Crypto Scam | CryptoGlobe

Authorities in France and Belgium have announced they arrested an Israel-based organized crime group that lured 85 investors from both countries into a supposed cryptocurrency investment scheme. According to Finance Magnates, 10 alleged scammers were arrested in connection to the cryptocurrency investment scheme, which defrauded the 85 investors out of a total of €6 million, equivalent to roughly $6.6 million.