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Police warning after £2.1m Bitcoin scam

cryptonews100_tggfrn by cryptonews100_tggfrn
August 20, 2025
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Police warning after £2.1m Bitcoin scam
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A police pressure has issued a warning to cryptocurrency holders after a sufferer misplaced £2.1 million in Bitcoin to a “refined scam”.

North Wales Police stated an individual posing as a senior UK officer tricked the sufferer into getting into their password on a faux website by utilizing a false story a couple of safety breach.

The case highlights a “disturbing new development”, the pressure stated, with scammers “crafting refined social engineering schemes to trick even probably the most diligent holders”.

It has urged individuals to stay vigilant and belief their instincts, and has issued steerage to assist stop related assaults.

Police stated these focused might have been recognized by way of a knowledge breach “making this a extremely focused and superior scam”.

It concerned the sufferer being instructed a “fabricated story” that police had arrested an particular person whose telephone contained the sufferer’s private identification paperwork.

Exploiting “concern” and “urgency”, they urged the sufferer to “safe their property” by logging in through a faux web site hyperlink – and, believing it was professional, the sufferer entered their password.

This gave them entry to rebuild the sufferer’s pockets and steal £2.1 million inside a “matter of moments”.

The pressure stated it was working to hint the funds however warned the case “serves as a reminder that scammers are continuously evolving their ways”.

It additionally issued the next recommendation:

  • Police won’t ever name you unexpectedly about your crypto or ask you to make use of your chilly storage machine – it is a large crimson flag.
  • If not sure, dangle up and name 101 to test if the contact was actual.
  • By no means share or enter your password anyplace besides immediately in your chilly storage machine throughout setup or restoration.
  • No professional firm or police officer will ever ask to your seed phrase.



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