Odaily Planet Daily News: The New Zealand Police have announced that a man from Wellington has been arrested in Auckland for allegedly participating in a global cryptocurrency fraud operation led by the FBI. The criminal group stole $265 million (NZD 450 million) worth of cryptocurrency from seven victims, which was then laundered through multiple platforms between March and August 2024. The New Zealand Police stated that search warrants were executed in Auckland, Wellington, and California over the past three days, resulting in several arrests, including one in New Zealand. A total of 13 individuals are facing charges. The U.S. Department of Justice has charged the Wellington man under U.S. federal law with racketeering (RICO), conspiracy to commit wire fraud, and conspiracy to commit money laundering. The man appeared in Auckland District Court today and is temporarily prohibited from disclosing his name; he has since been granted bail. He is scheduled to appear again in Auckland District Court on July 3, 2025. (Cointelegraph)