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 release on 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.
The
six individuals were reportedly based in the U.K. and the Netherlands.
As per the report, Europol provided coordination for the British and
Dutch agencies, who shared information and evidence at their
headquarters preceding the arrests.
As previously reported by Cointelegraph, malware
watchdogs found a Cryptohopper clone website stealing crypto login
credentials. The website uses the same logo as the genuine crypto
trading tools website Cryptohopper to trick users into installing its
executable, which downloads and runs mining and clipping trojans
designed to steal cryptocurrency.
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