CyberNews Briefs

Eurojust and Europol Lift the Blanket off A 24 Million Euro Crypto Hack

A joint operation by Europol, Eurojust and law enforcement agencies from the Netherlands and the UK has uncovered a major cryptocurrency heist. Threat actors stole €24 million (over $27 million) in cryptocurrency from a minimum of 4,000 victims across 12 countries. Six people have been arrested in connection with the scheme. They are suspected of criminal activities involving computer misuse and and money laundering.

The criminals behind the operation likely created fake copies of websites of major cryptocurrency exchanges and hosted these on domains similar to the original web addresses – practice is called “typosquatting.” Users visiting one of the fake domains would be likely to view them as legitimate, but any payments made on the fake platforms would be collected by the threat actors.

Read more: Eurojust and Europol Lift the Blanket off A 24 Million Euro Crypto Hack

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