Security· ★★★· bearish·

French woman detained over alleged Verasity token price manipulation

  • —Svetlana A. and partner Robert H. are suspected of manipulating the VRA token price
  • —She spent over €50 million on about 100 Dubai apartments and 3 villas in 2022
  • —Rental income from 2022 to 2025 is estimated at no less than €4 million
  • —VRA rose 65x in 2.5 months in 2021 and is now 99.98% below its peak
Why it matters: The case signals that EU authorities are pursuing manipulation of obscure tokens and laundering through real estate.
Source: PANews