Security· ★★· neutral·

Dutch police arrest two over fake EURC payments for Rolex watches

  • —A 24-year-old from Geleen and a 45-year-old from Leiden were arrested on Sept. 9
  • —Firearms and drugs were found at the younger suspect's home
  • —Reports from Rolex sellers date back to August 2025
  • —Circle reports roughly €411 million of genuine EURC in circulation
Why it matters: The case highlights the risk of counterfeit tokens using a well-known stablecoin's name: a wallet shows a balance but does not verify the issuer or the asset's value.
#EURC
Source: crypto.news
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