Crypto Scam Bust UK Police Arrest

UK Police Arrest Three in $20M Crypto Scam Investigation

• Three men were arrested as part of Operation Galafarm, targeting a crypto scam.
• The operation was led by the Metropolitan Police’s Economic Crime Command.
• Over £15 million ($20 million) was allegedly laundered through shell companies.
• Search warrants were executed at six addresses across London.
• The suspects, aged 24 and 36, have been bailed pending further inquiries.

The Metropolitan Police arrested three individuals under Operation Galafarm for allegedly laundering over £15 million through fake crypto investment schemes. The suspects have been released on bail as investigations continue.