David Merino Quintana, the key figure behind the FX Winning cryptocurrency and forex investment scam, was arrested in Dubai on June 1. Reports indicate that the case involves over €460 million, with the business network spanning around 30 countries and an estimated 5,000 to 15,000 victims. FX Winning attracted funds by promising high returns on forex and crypto investments and is suspected of using funds from later investors to pay earlier ones, showing characteristics of a Ponzi scheme. Spain's CNMV had already warned in 2021 that FX Winning was not authorized to provide investment services. (CriptoNoticias) https://(wublock123.com)/news/fx-winning-460m-euro-crypto-ponzi-chief-david-merino-arrested-dubai-62182