Kazakhstan Recovers $500,000 from Bitcoin Pyramid Scheme
Officials from Kazakhstan’s AFM tracked down assets worth 250 million tenge (over $520,000) from the Eolus cryptocurrency pyramid scheme, which had defrauded nearly 2,500 citizens nationwide. The investigation into the fraudulent fund-raising scheme spanned several months. The perpetrators transferred the assets obtained from investors through numerous transit crypto wallets. The agency succeeded in tracing the […]
