17 people were arrested and 10,000 were involved—what Greek police busted this time was not an ordinary “crypto-currency scam.”
Greek police disclosed that a criminal organization operating under the guise of cryptocurrency investment has been active since at least 2025. Seventeen people were arrested, including nine soldiers. Police said the organization repeatedly lured new investors through hierarchical recruitment. In total, about 10,000 people became involved, and funds flowing into the platform amounted to roughly $8 million.
Most outrageous of all were the bait they offered:
“Double your principal in 50 days.”
They used high returns to stimulate deposits in the early stages, then simply froze withdrawals later on. At the same time, they encouraged participants to keep recruiting others. In essence, it already has a very obvious pyramid-scheme scam structure. During the search, Greek police also seized a large number of phones, computers, storage devices, and around €295,000 in cash.
$BTC $ETH #希腊警方破获加密诈骗团伙拘17人
Greek police disclosed that a criminal organization operating under the guise of cryptocurrency investment has been active since at least 2025. Seventeen people were arrested, including nine soldiers. Police said the organization repeatedly lured new investors through hierarchical recruitment. In total, about 10,000 people became involved, and funds flowing into the platform amounted to roughly $8 million.
Most outrageous of all were the bait they offered:
“Double your principal in 50 days.”
They used high returns to stimulate deposits in the early stages, then simply froze withdrawals later on. At the same time, they encouraged participants to keep recruiting others. In essence, it already has a very obvious pyramid-scheme scam structure. During the search, Greek police also seized a large number of phones, computers, storage devices, and around €295,000 in cash.
$BTC $ETH #希腊警方破获加密诈骗团伙拘17人
