Authorities in the Netherlands arrest two for money laundering using crypto

Authorities in the Netherlands have arrested two individuals for money laundering involving cryptocurrencies.

The two men were apprehended as part of two different criminal investigations that were led by the the National Office for Serious Fraud, Environmental Crime, and Asset Confiscation organizations.

The first man is arrested on suspicion for laundering about 2.27 million dollars that were profited from cryptocurrency scams.

The second arrest was for the much smaller sum of 108,000 USD. The man in question used digital currency mixing platform to hide his illegal cryptocurrency transactions in the past.

Two more scammers taken off the streets, who knows how many are left to go.