The €600 million crypto fraud 2025 investigation has reached a decisive stage as European police arrested nine suspects across multiple countries. As a result, authorities disrupted a sophisticated criminal network that laundered hundreds of millions through fake crypto-investment platforms disguised as legitimate exchanges.
According to Eurojust, coordinated raids in Cyprus, Spain, and Germany targeted individuals who had created fraudulent trading sites and funneled stolen assets through blockchain tools. In addition, investigators uncovered extensive financial trails leading to offshore accounts and digital wallets.
How the €600 Million Crypto Fraud 2025 Operated
The group built dozens of realistic crypto platforms that promised huge profits. They attracted victims through social-media ads, cold calls, and fabricated news, often featuring false endorsements from investors.
Once investors transferred funds, the criminals rerouted the money through complex crypto-mixers. Consequently, investigators confirmed that the network had laundered more than €600 million, making this one of the most significant crypto frauds of 2025.
Eurojust Leads Coordinated Operation Against Crypto Fraud 2025
Between October 27 and 29, Eurojust organized simultaneous arrests from its headquarters in The Hague.
“Nine suspects were arrested at their homes in Cyprus, Spain, and Germany on suspicion of money laundering from fraudulent activities,” Eurojust stated. “Searches led to the seizure of €800,000 in bank accounts, €415,000 in cryptocurrencies, and €300,000 in cash.”
Furthermore, investigators continue tracing digital wallets and hidden assets to recover more of the stolen funds. However, the full scope of the network’s reach is still being mapped.
Global Rise of Crypto-Investment Scams
This crackdown adds to several major European investigations already underway. Earlier operations in Spain and Germany, for example, targeted similar schemes worth more than €100 million. Meanwhile, cross-border teams continue sharing data to expose new fraud models.
At the same time, the U.S. Federal Trade Commission (FTC) reports record losses from digital-asset fraud. Americans lost an estimated $12.5 billion to scams in 2024, and crypto-investment frauds accounted for roughly $5.7 billion of that total.
Therefore, financial crime in the crypto sector keeps evolving — and law-enforcement tactics evolve just as quickly.
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