Israeli authorities announced today that they have arrested three people as part of an investigation into a large-scale crypto scam that damaged the French treasury.
The Israel Tax Administration and the police said in a statement that they had investigated a large number of people suspected of systematic money laundering in recent months.
Some of the money, it says, “comes from criminal offenses committed abroad, using digital currencies on various platforms to hide the identity of the owner and the movement of money.”
“The investigation focused on a large-scale fraud against the French state treasury that was carried out by Israel, as well as the theft of millions of euros and the laundering of funds by converting conventional money into cryptocurrency,” the statement said.
As it is said, the investigation was carried out in cooperation with Europol and the French police. The three main suspects have been arrested and several others have been detained for questioning, the statement said.