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Eurojust-backed arrests in Europe’s crypto investment fraud ring

Law Enforcement
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1 unique sources, 1 articles

Summary

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European law enforcement arrested five suspects in a cryptocurrency investment fraud case tied to over €100 million in losses, widening criminal exposure in a cross-border cyber-enabled fraud operation. The coordinated action involved Eurojust and Europol and included searches and asset freezes across multiple countries. Authorities say the scheme affected more than 100 victims across 23 countries.

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Timeline

  1. 23.09.2025 17:16 2 articles · 8mo ago

    European authorities arrest five suspects in cross-border crypto investment fraud case

    Initial Disclosure

    European law enforcement arrested five suspects linked to a cryptocurrency investment fraud ring that allegedly stole over €100 million ($118 million) from more than 100 victims. Investigators from Spain, Portugal, Bulgaria, Italy, Lithuania, and Romania, coordinated by Eurojust and supported by Europol, searched five places and froze bank accounts and other financial assets; the wider scheme has operated since at least 2018 and targeted investors across 23 countries.

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