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Europol has cracked a €21 million Crypto Assets Money Laundering case, with 17 people arrested.
Gate News bot message, the European Union Agency for Law Enforcement Cooperation (Europol) has conducted a joint operation with law enforcement agencies from Spain, Austria, and Belgium, successfully dismantling a transnational underground banking network. This network used the "Hawala" system to provide Money Laundering services for criminal organizations in China and the Middle East, involving an amount of 21 million euros.
During the operation, law enforcement authorities arrested 17 criminal suspects and seized a large amount of cash, cryptocurrencies, real estate, and luxury goods.
Source: Decrypt
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