Greece: seventeen arrested over crypto platform attracting around $8 million
Police are investigating an alleged pyramid network promising to double money within fifty days. Two suspected leaders are among those arrested.
Greek police announced the case on 2 October following months of investigation from Katerini. Since at least 2025, the network allegedly used apparently legitimate businesses and an online platform to lure people with guaranteed cryptocurrency returns. Police say at least 10,000 people were recruited and around $8 million flowed into the platform.
Seventeen people were arrested and case files prepared against nine others. Investigators identified eighteen victims who had invested €55,970 between them. That documented sum is distinct from the estimated overall platform inflow. Searches led to the seizure of computers, phones and €295,090. The arrested suspects were brought before judicial authorities.









































