New Zealand man arrested in 265 million USD crypto scam tied to FBI probe

The man is among 13 individuals charged after coordinated efforts in New Zealand and the US. Allegations include the manipulation of victims to steal cryptocurrency, which was then laundered through various platforms.

Prosecutors allege that the stolen 265 million USD was used for luxury items and services, including vehicles, designer goods, and high-profile access in cities like Los Angeles and Miami.

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