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Ukrainian Police Dismantle Crypto Scam Network Stealing $1 Million Monthly

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Ukrainian police and the Security Service of Ukraine (SBU) have dismantled a criminal network that operated fake investment platforms to steal cryptocurrency. The group used 'wallet drainers' to siphon funds after tricking users into connecting their wallets for small test transactions. The operation, led by a 25-year-old IT specialist, involved over 46 individuals across offices in Kyiv and surrounding areas. Investigators identified 62 victims from various countries, including Germany, Spain, and Canada, with monthly losses reaching $1 million. The scamme

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Summaries are written by AI from the original article. Not investment advice.

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