The Supreme Court of Cyprus has ruled in favor of allowing police to access a safe deposit box belonging to an Israeli couple as part of a $700 million cryptocurrency fraud investigation. The couple's attempt to block the execution of a search warrant issued by the Limassol court in October 2025 was rejected. This case is part of a broader cross-border crypto investment fraud investigation led by France, with authorities alleging that the funds were funneled through shell companies and crypto accounts in Cyprus, Singapore, the British Virgin Islands, and Hong Kong.
Cyprus Supreme Court Allows Police Access to Israeli Couple's Safe Deposit Box in $700M Crypto Fraud Probe
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