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Italy and four other European countries cracked down on virtual currency fund fraud and confiscated 600 million euros in assets

Italy and four other European countries cracked down on virtual currency fund fraud and confiscated 600 million euros in assets

CointimeCointime2024/04/07 13:42
By:Cointime

Four countries - Italy, Austria, Romania, and Slovakia - have taken joint action to arrest 22 individuals on suspicion of participating in a fraud scheme involving the EU's post-coronavirus recovery fund. The operation resulted in the seizure of over 600 million euros in assets, including Lamborghini and Porsche sports cars, Rolex watches, Cartier jewelry, and virtual currency.

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