The woman accused of defrauding around 200 people out of €1 million by allegedly impersonating local banks has been granted bail.Tammy Caruana appeared in court on Friday, where Magistrate Lara Lanfranco approved her release under a number of strict conditions, according to a Times of Malta court report.During the compilation of evidence, an inspector from the Financial Crimes Investigation Department (FCID) told the court that one of Caruana’s cryptocurrency wallets contained $82,157 worth of Bitcoin and other cryptocurrencies.Caruana is accused of acting as the principal local figure in an online fraud scheme that allegedly saw victims tricked into believing they were dealing with legitimate Maltese banks.Police previously said they have identified around 200 victims, who collectively lost approximately €1 million, with investigations linking the case to an international criminal network.Several alleged victims testified during the court proceedings, saying they had lost amounts ranging from a few hundred euros to thousands. One witness told the court she had lost her life savings.As part of her bail conditions, Caruana must sign the bail book twice a week, observe a curfew between 8pm and 6.30am, pay a €15,000 deposit, and provide a personal guarantee of €55,000.The prosecution is being led by Inspector Claire Vella Borg together with lawyers Marica Ciantar and Mauro Abela on behalf of the Attorney General.Professor Stefano Filetti appeared for Bank of Valletta plc, while lawyer Maria Lisa Buttigieg represented Banif plc.Caruana is being represented by lawyers Roberto Spiteri, Alfred Abela, Rene Darmanin and Franco Galea.What do you make of this?•