Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin.
Criminals made more than $675,855 (€600,000) and laundered more than $891,250 (€1,000,000), according to local media reports.
Most of those arrested hailed from Spain, Nigeria, Cameroon, Morocco, and Equatorial Guinea.
The criminals defrauded 210 victims in Spain, and a further 20 in Israel, Denmark, Germany, France, and Greece.
Spain’s Civil Guard – the force leading the investigation – says it’s detected 104 fraudulent cards made in Spain and other 12 countries.
The investigation was sparked after a car rental company in Alicante (Spain) reported the use of a…