Crypto Scam Victims Get $5.5M Back, Millions Unclaimed | CoinMarketCap

Australia News News

Crypto Scam Victims Get $5.5M Back, Millions Unclaimed | CoinMarketCap
Australia Latest News,Australia Headlines
  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

More than $5.5 million has been returned to victims of an international cryptocurrency scam — and police in England say millions more remain unclaimed 💰

A 23-year-old man and a 25-year-old woman were arrested for fraud and money laundering offenses, and have been released under investigation pending further enquiries.

"Our lives are now online or on our phones, and currencies like Bitcoin and Ethereum are often seen as the future when it comes to money and trading. However, this type of crime is increasing across the globe and criminals are getting savvier by finding ways to exploit the trend, in ways even the most experienced users can't anticipate."

Those who get in touch are being asked to share the name of the service they had invested in, and offer wallet addresses and documentation to prove ownership.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinMarketCap /  🏆 290. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russian banks imported $5 billion in foreign cash in DecemberRussian banks imported $5 billion in foreign cash in DecemberRussian ratings agency ACRA estimates that the country's banks imported $5 billion worth of banknotes in foreign currencies in December, up from $2.65 billion a year before, in a pre-emptive step in case of sanctions that create increased demand.
Read more »

Russian Govt and Central Bank Clash over Crypto Rules | CoinMarketCapRussian Govt and Central Bank Clash over Crypto Rules | CoinMarketCapRussia's ministry of finance is heading for a showdown with the country's central bank over cryptocurrencies 🔥 Government officials want to soften their stance on crypto investing, but the Bank of Russia is pushing for an outright ban 👀
Read more »

Apple Store hostage situation ends with hostages released, suspect arrested after demanding 200 million in cryptoApple Store hostage situation ends with hostages released, suspect arrested after demanding 200 million in cryptoAmsterdam Apple Store hostage situation ends with hostages released, suspect arrested after demanding 200 million in crypto
Read more »

Happy to be regulated? Fallout from BlockFi settlement is a matter of speculationHappy to be regulated? Fallout from BlockFi settlement is a matter of speculationThe record-breaking $100-million fine could mark the dawn of a new era for crypto lending platforms.
Read more »

Solana-based programmable cash stream protocol Zebec raises $15 millionSolana-based programmable cash stream protocol Zebec raises $15 millionCrypto settlement startup Zebec announced Tuesday that it raised $15 million in a Series A funding round.
Read more »

Crypto platform Amber Group hits $3 billion valuation in latest raiseCrypto platform Amber Group hits $3 billion valuation in latest raiseCrypto trading firm Amber Group has announced a $200 million raise led by Temasek, the Singapore-based sovereign wealth fund.
Read more »



Render Time: 2025-03-10 10:33:30