Greek authorities have conducted their first crypto asset seizure, recovering $28,000 following a phishing attack linked to a Bybit account.
Over $150,000 was stolen in the incident, with a portion of the funds traced to a regulated European exchange and subsequently frozen by court approval.
This milestone demonstrates that Greece is capable of pursuing crypto crimes through coordinated legal and regulatory measures, offering hope for victims of theft.
The seizure sets a precedent for increased enforcement in Europe and encourages exchanges to enhance compliance and facilitate investigations.