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News Wire / economy

Crypto Scammers Defraud EU Citizens of $1.2 Million

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Police are warning of an increase in scam cases involving cryptocurrency transfers, with over $182 million lost in 2025. Separately, crypto fraud in the EU resulted in $1.2 million in losses, and Russia is considering making illegal crypto turnover a criminal offense. Specific details on how to sell cryptocurrency across different platforms and market conditions were also noted. Strike forces have frozen $580 million in cryptocurrency assets linked to Southeast Asian scam networks.

Topics

cryptocurrency fraud scams

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Sources · 7 independent

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