Australian Police Charge Man Over $3.5M Crypto Investment Scam Targeting Elderly Victims

NSW Police have charged a 42-year-old man over an alleged $3.3 million crypto investment scam targeting 190 elderly Australians.
Victims were directed to a platform called “NEXOpayment,” where funds were allegedly funneled through multiple crypto wallets in suspected laundering patterns.
The arrest comes amid a broader crypto-crime crackdown in the country.

A 42-year-old Sydney man has been charged over an alleged $3.5 million (A$5 million) crypto investment scam that targeted more than 190…

Cryptonews.fyi