<ul data-eligibleForWebStory="true"><li>Europol assisted in dismantling a criminal network accused of running a $542 million crypto scam across Europe, defrauding over 5,000 victims.</li><li>Three suspects were arrested in the Canary Islands, and two in Madrid with support from U.S., France, and Estonian law enforcement agencies.</li><li>The group laundered money through a network of shell companies, payment processors, and crypto exchanges, using various tactics to obscure fund movement.</li><li>This bust highlights international efforts to combat crypto-based financial crimes, with recent cases including frozen assets in Spain and seizures by U.S. officials in various fraudulent schemes.</li></ul>

Europol Helps Dismantle $542M Crypto Scam Network Operating Across Europe

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