Argentine police arrest cryptocurrency fraud suspects, involving approximately $49.4 million

Techub News reported, according to DL News, Argentine police arrested a Chinese man at the Ezeiza International Airport in Buenos Aires. The man entered the country from Paris using a forged Paraguayan passport and had previously been listed as a wanted person by Interpol for involvement in a cryptocurrency scam. According to Nigerian court charges, the suspect is accused of orchestrating a cryptocurrency scam locally, luring investors with promises of high returns. The involved amount is approximately $49.4 million, after which victims were unable to access the platform or withdraw funds. Argentine authorities stated they are currently preparing to cooperate with Nigeria to initiate extradition proceedings.