A sophisticated phishing scam has resulted in the theft of £2.8 million worth of Bitcoin after a scammer impersonated a senior UK police officer to trick an individual. The North Wales Police Cyber Crime Unit reports that the victim, who held their cryptocurrency in cold storage wallets, was targeted through an elaborate scheme involving personal data breach and pressure tactics. The attacker falsely informed the victim about an alleged arrest involving someone whose phone contained the victim’s identification documents, creating a sense of urgency to compel them into action. This resulted in the victim being coerced to click on a fraudulent link and submit their cryptocurrency wallet’s seed phrase on a fake website, believing they were securing their assets under police direction. Once control of the wallet was obtained, the scammer immediately withdrew the entire $2.8 million in Bitcoin. 👮♂️🚨