£2.8 Million Bitcoin Stolen in UK Police Impersonation Scam

A recent case highlights the vulnerability of long-term crypto holders who store their assets using cold wallets. An individual was tricked into losing nearly £2.1 million in Bitcoin after a scammer impersonated a senior UK police officer. The attacker gained trust by posing as a law enforcement official from North Wales Police, potentially exploiting stolen data to access their cold storage wallet. 🚨 Authorities are working to recover the stolen assets, and they’ve issued warnings about sharing seed phrases with unverified sources. This incident underscores the need for heightened awareness among crypto holders regarding the risks of scams targeting secure information. Remember: law enforcement will never demand sensitive financial information like your seed phrase or pressure you into immediate action.