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【Greek soldiers suspected of involvement in 8000000 USD a cryptocurrency pyramid scheme】

Greek prosecutors allege that a cryptocurrency Ponzi scheme defrauded approximately 10000 investors of approximately 8000000 USD, and that nine suspects, including two Greek soldiers, appeared before an investigating judge on Monday. Police have arrested 17 people in connection with the case, saying the organization operated as a Ponzi scheme and promoted cryptocurrency investments through a platform it controlled. The allegations have not been tested in court, and the data came from police rather than charging documents. Reports said the organization recruited participants through a local civic group. A 44-year-old man who led the Katerini Association of Artificial Intelligence Enthusiasts was remanded in custody, while six others were released under restrictive conditions, with bail set at 15000 to 20000 EUR. Investors were encouraged to invest at least 800 EUR，VIP; investors were required to invest 5000 EUR, with all promised that their funds would double. In Katerini alone, investigators estimated that the organization recruited 1842 members and collected approximately 2000000 EUR。