Crime doesn’t pay – If the universe of bitcoins (BTC) and cryptocurrencies has enabled an explosion of use cases, often unprecedented, has also sadly enabled to scammers and scammers to find a new “source of enthusiasm” to exploit. Today it is in Europe that a new story of fraud on a large scale it comes to polish the cryptosphere, although fortunately this has just been land by a European coalition of police/justice services.
Large network in Germany, Bulgaria, Cyprus and Serbia
The nascent and revolutionary crypto-asset sector it attracts many enthusiastic investors. Unfortunately, it often is individuals with little or no investment experience. Of the ideal prey for scammers.
Recently, the European Union Agency for Criminal Justice Cooperation (Eurojust) issued a press release announcing that a organized crime networkthat was rampant in many European countries, it was removed.
With the help ofEuropol and the national police/justice services, Eurojust coordinated an action against this criminal network which it mainly operated fromGermanythe Bulgaria, Cyprus and the Serbia.
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An international scam that defrauded tens of millions of euros
According to Eurojust, this association of criminals had been formed call centerwho cheated “many victims” by telephone in various countries, even outside Europe. Mainly in Germany, Switzerland, Austria, Australia and Canada, because the scammers spoke “English and German”. Of the tens of millions of euros would have been “minimally” deviated.
This investigation for fraud would in fact have started from 2021, initiated initially by the Attorney General’s Office in Stuttgart, Germany. The “coordination meeting” aimed at carrying out this vast European crackdown was allegedly organized by Eurojust in November 2022.
In the last week, 4 call centers and 18 other offices have been activated looked for. More than 250 people reportedly interviewedand 14 people arrested in Serbia, as well as one fifteenth in Germany. There were said to be more than 150 computers and computer equipment seized. Three cars, two luxury apartments and the equivalent ofone million dollars in cryptocurrencies are also reported as seized.
A big scam, that strongly reminiscent of the OneCoin Ponzi. If a new or unrecognized actor claims to offer “surprising and guaranteed returns” based on cryptocurrencies: ESCAPE ! It is imperative to remember that, while disruptive cryptocurrency technologies bring a lot to finance and economics, they they are not magical. Any investment carries riskseven when it comes to projects recognized and trusted elsewhere. DYOR : Do your research, before investing.
Bitcoin and cryptocurrencies are here to stay and will change the landscape of the economy, everyone agrees. For your part, do not delay too long and go register on AscendEX. Take advantage of the 10% reduction on trading fees (commercial link, see conditions on the site)