Allegedly, the attackers stole credentials through a scam website that carries a similar name to an established one. Such scams are called typosquatting, wherein the login data is recording. A similar instance was recorded a few days ago, the scammers were spreading new malware, the host for these viruses is a website imitating the website for Cryptohopper, a website that provides users tools to perform automatic cryptocurrency trading.
Reportedly, the six individuals are based in the U.K. and the Netherlands. Europol went on to provide coordination for the British and Dutch agencies, who shared information and evidence at their headquarters preceding the arrests.
Cryptocurrency Market Update
Bitcoin Price Analysis – Will BTCUSD Soar to $12,000?
Ethereum Price Analysis – ETHUSD Likely to Decline
Ripple Price Prediction – XRPUSD In a Bearish Trend
Litecoin Price Analysis – Will LTCUSD Further Depreciate to $110?
Bitcoin Cash Price Outlook – Will BCHUSD Rise to Retest $500?