According to TechFlow, on December 4, the chain detective ZachXBT published a post stating that an OTC fraud gang was arrested in Europe in November and $17 million was seized. The fraud gang had defrauded 14,600 TAOs from a TAO whale address in February 2024, worth about $7.1 million. In addition, the gang also defrauded whale addresses of multiple projects such as ZYN, MOG, Kondux, Ordiswap, Landwolf and Hash AI this year, involving more than $8 million.