UK Police Investigate $2.8 Million Bitcoin Scam Involving Impersonation

North Wales Police have launched an investigation into a sophisticated Bitcoin scam where fraudsters impersonated a senior law enforcement officer to target a victim and steal over $2.8 million in cryptocurrency. The fraud was carried out through social engineering tactics, with the scammer convincing the victim of a criminal case that required them to provide their crypto wallet’s seed phrase. The police believe this might be linked to a data breach and emphasize that these are highly targeted attacks.