Major $30 million fraud trial opens in Nancy, France
a major fraud trial is underway in Nancy, France, with more than 20 defendants accused of defrauding 1,300 victims through false cryptocurrency and diamond investment schemes. The scam stole a total of 28 million euros (approximately 30 million US dollars). Investigators revealed that "the defendants opened 19 bank accounts in 199 countries to transfer funds. About 2.8 million euros have been recovered and can be used to compensate victims."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMF Chief Economist: Lower Inflation Could Be a Boon for Risky Assets Like Cryptocurrencies
Trump expected to appear on Joe Rogan's podcast on Friday
Spot bitcoin ETFs shift to negative flows after 7-day inflow run
Spot bitcoin ETFs in the U.S. posted $79 million in net outflows on Tuesday.The ETFs had amassed over $2.6 billion in inflows in the past seven trading days through Monday.
Trending news
MoreCrypto prices
More
