Ukrainian Police Shut Crypto Scam Stealing $1M Monthly

Police arrested several individuals in a recurring cryptocurrency fraud operation that took up to $1 million per month.

Ukrainian Police Shut Crypto Scam That Took Up to $1 Million a Month

Ukrainian police dismantled a cryptocurrency scam that had been operating for some time and stealing as much as $1 million per month from victims.

Several key individuals were arrested in the operation.

What remains unknown

The exact duration of the scheme, total losses, and number of victims remain undisclosed. No information on asset recovery or restitution has been released.

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