Greek police bust crypto pyramid scheme with €8 million in losses
- —17 people arrested, including two leaders of the group
- —Nearly €300,000 in cash, computers and drives seized
- —Victims were promised doubled capital in 50 days via a fake platform
- —About 10,000 victims lost over €8 million in total
Why it matters: Another large crypto scam highlights the risks of fake investment platforms and adds pressure on EU regulators.
Source: Bithub