Spanish Police Dismantle AI-Driven Crypto Scam Ring
- Six suspects arrested in Spain for a crypto investment scam using AI.
- The scam defrauded 208 victims of over €19 million ($21.5 million).
- Operation began after a victim from Granada lost €624,000 (over $700,000).
- Scammers used AI-generated celebrity videos to lure investors.
- Suspects charged with fraud, money laundering, and false documentation.
The Spanish National Police arrested six individuals involved in a crypto scam that swindled over €19 million from investors using AI-driven fake celebrity endorsements. The operation commenced following a significant loss reported by an individual in Granada.
Source (2.6)https://decrypt.co/314498/spanish-police-crypto-scam-ai-21-million?rand=52368
