E&G Bulgaria Cybercrime Case – UK authorities closed down GPay in the public interest
On July 8, 2020, probably the biggest European financial cybercrime trials ever starts in Vienna. Prosecutors charge Gal Barak, one of the major Israeli binary options and broker scammers, of investment fraud and money-laundering. With his scam brands XTraderFX, SafeMarkets, Golden Markets, CryptoPoint, or OptionStars he has defrauded tens of thousands of victims in Europe. Right before the trial UK authorities closed down the cybercrime organization's money-laundering hub.