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CryptosLabs Scam Ring Targets French-Speaking Investors Rakes in 480 Million



June 28, 2023 at 07:17PM

Cybersecurity researchers have exposed the workings of a scam ring called CryptosLabs that's estimated to have made €480 million in illegal profits by targeting users in French-speaking individuals in France, Belgium, and Luxembourg since April 2018. The syndicate's massive fake investment schemes primarily involve impersonating 40 well-known banks, fin-techs, asset management firms, and crypto

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