You’ve heard about scams, but this one stings. The fraudsters, Konstantinos Panagopoulos (Sr. and Jr.), along with Elena Koutra and Georgia Panagopoulos, exploited family ties to steal over $500,000 in cryptocurrencies. The victims trusted them with their digital assets, using platforms like Coinbase. The scammers took advantage of this trust and refused to return the funds. The case involves numerous transactions in Bitcoin (BTC) and Ethereum (ETH) tied to stolen crypto addresses.

This scam stretched across borders, starting in Greece, where the scammers are based, and affecting victims globally. We understand how frustrating this is, but here’s the good news: forensic tracking uncovered cash-out attempts on Binance. These traces will help law enforcement build their case. CNC Intelligence worked closely with investigators to deliver a detailed forensic report, which is now aiding the legal team.

We know how overwhelming this kind of loss feels. But let this case remind you of how critical it is to stay vigilant. Fraudsters like these often rely on trust and emotional manipulation. Ask yourself: Is this person too good to be true? If you suspect anything, act fast. Investigators rely on details, so document every transaction and communication.

This case highlights that while crypto fraud is real, solutions like forensic tracing and law enforcement collaboration offer hope. Stay sharp, stay informed, and together, we can fight back.