Police Account Fake Bitcoin Scam Clear $2.8M Cold Wallet
North Wales Police don reveal one kind serious Bitcoin scam wey scammers dey pose as senior UK polices officers to collect £2.1M ($2.8M) from one pesin cold wallet. Dem talk say dem don kaptur pesin identity, then use fear plus emergency kon make pesin go one fake login page. After pesin put dem seed phrase for the fake site, dem comot all Bitcoin funds. The real police no dey ask for mnemonic phrases or random crypto tins. The case show say phishing and social engineering attacks dey increase for cold storage wallets as FBI don warn. Recent crypto losses na $65M from Coinbase, $330M from old investor and $44M from one CoinDCX engineer. Traders suppose make dem security strong, no dey open strange links and keep seed phrases private to avoid this kain Bitcoin scam.
Bearish
Di uncovered police impersonation Bitcoin scam fit get bearish effect for Bitcoin trading. For short term, news say dem $2.8M cold wallet don katch thieves through phishing and social engineering fit make investors lose confidence, e fit make dem trade careful and fit sell anyhow. For long term, if security breaches continue, e fit put pressure for price as traders go add bigger risk premiums and spend money to make security strong. But if better crypto security protocols come, e fit stabilize market mood when confidence in cold storage don return.