Greek police arrest 17 suspects in alleged $9M AI-powered crypto pyramid scheme

Greek police arrested 17 suspects in a crypto pyramid scheme that allegedly defrauded more than 10,000 investors of about $9 million. The group, operating as AT Team Greece, reportedly promised to double money in 50 days through AI-powered trading and used USDT and USDC.
AI Analysis
The summary describes a large alleged fraud, arrests, and more than 10,000 victims. It involves USDT and USDC and could weigh on sentiment around crypto scams and stablecoin usage, but it is not a direct market or price event.