Israel arrests suspects in cryptocurrency laundering probe

Several suspects have been detained in Israel in connection with a multi-million dollar cryptocurrency money laundering scheme to defraud the French treasury, police said on Monday. Investigation focused “on the suspicion of a large-scale fraud against the state treasury in France that was carried out from Israel,” an Israeli police statement said. It allegedly involved the theft of millions of shekels “and the laundering of the funds by converting them to cryptocurrency,” the statement said. Three people were arrested and others were detained for questioning on suspicion of money laundering a…