I strongly condemn such illegal things on crypto market. Such kind of incidents are only lowering down the reputation of cryptocurrencies in general. The criminals get the benefit of the privacy factor inbuilt in crypto and usually gets away with their wrongdoing.
I am happy at least here police have been able to identify them and brought them under justice. No criminals should be left alone in crypto space! Common people usually try to avoid dirty water.
I totally agree with that. Contrary to popular belief, the crypto community is full of people that care about doing the right thing and do their best to fight scam. It's great that some governments are taking their side here as well by distinguishing scam and legit crypto business (they could just look in the other direction and say it's all shady). Crypto reputation is still probably quite bad in the eyes of people who barely know what it's about, so while news of such crypto scams might contribute to the wrong opinion, it's still necessary to clean the space. Congrats to the police, even if it's an old case like stompix says.