Greek Police Bust Alleged $9M AI Crypto Scam That Promised to Double Money

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Greek Police Bust Alleged $9M AI Crypto Scam That Promised to Double MoneyWorldPing
Image via Bitcoin.com.

What happened

Greek police dismantled an unauthorized cryptocurrency pyramid scheme that defrauded over 10,000 investors of approximately $9 million in total by promising to double their money in 50 days via automated artificial intelligence (AI) trading.

Key facts

  • Greek police dismantled an unauthorized cryptocurrency pyramid scheme that defrauded over 10,000 investors of approximately $9 million in total by promising to double their money in 50 days via automated artificial intelligence (AI) trading.
  • Reported by Bitcoin.com and published Tue, 06 Oct 2026 04:10:38 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Crypto PAC announces support for 32 House candidates in US midterms

  2. CFTC makes its biggest move yet to bring offshore crypto trading back to the US

  3. Ripple Targets Turkey’s $200 Billion Crypto Market Amid Lira Pressure

  4. US Regulators Push National Crypto Rules as America Chases Global Lead

  5. Rain seeks US trust bank charter days after OCC sued over crypto charters

  6. Greek Police Bust Alleged $9M AI Crypto Scam That Promised to Double Money

  7. U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

Follow the story

Living hubs that keep updating as this story develops.

Related WorldPing coverage

Ripple Targets Turkey’s $200 Billion Crypto Market Amid Lira PressureWorldPing
Bitcoin.com

Ripple Targets Turkey’s $200 Billion Crypto Market Amid Lira Pressure

Turkey’s large crypto market is creating opportunities for bank custody and dollar-backed stablecoins, according to Ripple. The company ties its local strategy to currency pressure and evolving regulations as institutions follow consumers into digital assets.

Brief by WorldPing · Original reporting by Bitcoin.com