Crypto scammers steal $1.2M from UK residents using fake police reports

Scammers posed as law enforcement and crypto wallet hosts to trick victims into revealing their seed phrases and steal their funds.

Crypto scammers stole over 1 million British pounds ($1.2 million) from nine residents in Kent, England, after gaining access to their personal information from a data leak.

On March 1, Kent Police urged residents to be vigilant against ongoing cryptocurrency fraud attempts. Bad actors accessed the Kent residents’ personal information and misused it to generate fake reports from the United Kingdom’s national reporting center, Action Fraud.

“Personal details were taken from the data leak and used to generate fake Action Fraud reports,” the police said.

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