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A crypto-asset fraud of more than 655 thousand dollars exposed: searches conducted in the Czech Republic, — National Police
Over 2023–2025 years the suspect persuaded the victim to invest funds in crypto-assets to receive passive income. The money was converted into cryptocurrency and transferred to wallets controlled by the perpetrator. The total amount of losses exceeded 655 thousand U.S. dollars.
As part of international cooperation, Czech law enforcement established the suspect’s place of residence in Prague. A criminal proceeding has been opened.
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