[Europol Joint Operation Dismantles Crypto Scam Network Involved in Over €700 Million Money Laundering] Europol announced on Thursday that a multinational joint operation successfully dismantled a criminal network involved in cryptocurrency fraud and money laundering, with the case amount exceeding €700 million. The operation spanned multiple jurisdictions and was carried out in phases on October 27 and November 25-26. The first phase involved raids in Cyprus, Germany, and Spain, resulting in the arrest of nine suspects and the seizure of assets worth millions of euros. The second phase focused on the affiliate marketing infrastructure, implemented by law enforcement agencies from countries such as Belgium with the support of Europol. The network attracted victims through fake cryptocurrency investment platforms, using social engineering techniques to fabricate profits before stealing funds, and laundered money through blockchain and exchanges. The investigation is still tracking related assets.