Europol Arrests Six People Allegedly Behind $27 Million Bitcoin Theft
Europol, in conjunction with the United Kingdom’s South West Regional Cyber Crime Unit, the Dutch police, Eurojust, and the U.K.’s National Crime Agency (NCA), has coordinated the arrests of six people suspected of stealing over $27 million in cryptocurrency, according to a press releaseon June 25.
The attackers reportedly were involved in typosquatting, a fraudulent means to steal credentials by setting up a scam website with a similar name to an established one—hence the “typo” in “typosquatting”—and then recording login data.
In this case, the report notes that Europol believes the hackers were able to use typosquatting to steal login details, letting them gain access to client wallets and the funds inside. Europol reports that the hackers used this scheme to steal from at least 4,000 bitcoin (BTC) users in 12 different countries.
