Altcoin News: European Law Enforcement Officers Arrested 6 People in the Case of the Theft of More Than $27 Million from Users of Cryptocurrency

June 26, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Police agencies in the UK and the Netherlands have arrested six suspected of stealing €24 million ($27,3 million) from users of cryptocurrency.

According to a statement on the Europol website, at least 4,000 people from 12 countries became victims of a criminal gang. It is expected that over time there will be new reports of victims.

A 14-month investigation led to the arrest of five men and one woman in their own homes in the south of England, in Amsterdam and Rotterdam.

Europol is not too generous with the details. It is known that the investigation was connected with websites that imitated the “famous cryptocurrency exchange”. The name of the exchange office does not specify.

As follows from the publication, the attackers used the method of “typosquatting”, that is, they registered domain names that are close to writing with the addresses of popular cryptocurrency exchanges based on the error of some users.

Recently, another example of fraud related to the manipulation of domain names was seen on the network, the organizers of which invited investors to take part in the alleged pre-sale of Facebook cryptocurrency.

Author: Marko Vidrih