[Israeli Police Arrest Five in $5 Million Crypto Transaction Investigation] According to a report by Cointelegraph on November 13th, Israeli police arrested five people on Tuesday in a money laundering investigation involving approximately 16 million shekels (about $5 million). The cryptocurrency transactions were arranged through a WhatsApp group. Investigators from Rahaf's 433 Economic Crime Suppression Unit suspect the group provided cryptocurrency services without a license and failed to report the transactions to the Israeli tax authorities. Police stated that the group used fictitious protocols to make cryptocurrency proceeds transferred to bank accounts appear as loans. Authorities seized wallets, computers, and tens of thousands of shekels in cash during a search of the suspects' residences. Investigators are questioning the five individuals on suspicion of money laundering, fraud, and providing financial asset services without a license.