CryptosLabs Scam Ring Targets French-Speaking Investors, Rakes in €480 Million

Cybersecurity researchers have exposed the workings of a scam ring called CryptosLabs that’s estimated to have made €480 million in illegal profits by targeting users in French-speaking individuals in France, Belgium, and Luxembourg since April 2018.
The syndicate’s massive fake investment schemes primarily involve impersonating 40 well-known banks, fin-techs, asset management firms, and crypto