Paraguayan police arrested 10 suspects aged between 18 and 20, accused of stealing $1.2 million from hundreds of bank accounts and electronic wallets. The police confiscated $400k worth of cryptocurrency during the raid, and the gang is suspected of using these assets for money laundering. The investigation revealed that the criminal group was led by an 18-year-old man, with most members being graduates from the same school; they recruited at least 400 "money mules" to provide bank account information, and after draining the victims' accounts, they exchanged the cash for cryptocurrency through over-the-counter (OTC) platforms. (DLNews)

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