News being reported from Europe by EU law enforcement agencies about the arrests of six individuals involve in a multi-million crypto fraud case. These arrests were executed by the United Kingdom’s South West Regional Cyber Crime Unit in collaboration with other European authorities after an investigation of fourteen months.
The UK’s SW RCCU carried out this task as a joint operation with Europol, Eurojust, Dutch police and the Britis National Crime Agency The reason for this fourteen-month old investigation has to do with a €24 million in virtual currency that got stolen. This heist was carried out by five men and a woman.
Their arrest took place while they were home in diverse locations in Europe such as Charlcombe, Staverton and Lower Weston in the United Kingdom, and Amsterdam and Rotterdam in the Netherlands.
That is a huge success for European authorities. Arresting hackers that made online crimes will make our community safer and more people will start eventually investing in bitcoin.The UK’s SW RCCU carried out this task as a joint operation with Europol, Eurojust, Dutch police and the Britis National Crime Agency The reason for this fourteen-month old investigation has to do with a €24 million in virtual currency that got stolen. This heist was carried out by five men and a woman.
Their arrest took place while they were home in diverse locations in Europe such as Charlcombe, Staverton and Lower Weston in the United Kingdom, and Amsterdam and Rotterdam in the Netherlands.
What Do We Know About The Cryptocurrency Theft?
This cryptocurrency theft was one that mainly focused on crypto investors of Bitcoin. The crypto fraud affected a total number of roughly four thousand (yes, 4,000!) victims residing in about twelve different countries. It’s important to note that the numbers of those affected are still growing by the day even with the multiple arrests.
https://all-stocks.net/european-authorities-arrest-six-suspects-for-e24-million-typosquatting-crypto-fraud/
This cryptocurrency theft was one that mainly focused on crypto investors of Bitcoin. The crypto fraud affected a total number of roughly four thousand (yes, 4,000!) victims residing in about twelve different countries. It’s important to note that the numbers of those affected are still growing by the day even with the multiple arrests.
https://all-stocks.net/european-authorities-arrest-six-suspects-for-e24-million-typosquatting-crypto-fraud/
So if they reside in about twelve countries, does that mean that the criminals are not only 6 and there are more to be arrested?
Interesting question. I guess it would take a company like ciphertrace to assist in tracing movements from wallets and their locations to find these individuals
