According to BlockBeats, on December 17, the Vienna police in Austria cracked a "Rip-Deal 2.0" cryptocurrency fraud case involving 1.2 million euros. It is reported that a 39-year-old suspect was arrested in Milan, Italy, who had committed multiple crimes.
The suspects reportedly implemented a new type of Rip-Deal scam targeting cryptocurrencies. This scam usually uses counterfeit banknotes to purchase luxury goods such as expensive watches or gold. The victims in this case provided cryptocurrencies to the scammers in exchange for counterfeit banknotes. The Vienna police called this version "Rip-Deal 2.0."
