A New Trend In Crypto Scam – Posing As Police To Steal Millions
Summary
Australian authorities have warned about a sophisticated crypto scam where criminals impersonate federal police officers. The scammers use personal data to file fake cybercrime reports via the government's ReportCyber portal, then contact victims claiming their data was compromised in a breach. They provide a legitimate-looking reference number to establish trust before a second caller, posing as a crypto platform representative, pressures the victim to move their assets into a supposedly secure cold storage wallet controlled by the fraudsters. Officials stress that genuine law enforcement will never ask for access to crypto accounts or seed phrases. This tactic is part of a global rise in social engineering attacks targeting crypto holders, evidenced by other recent large-scale thefts involving impersonation of support staff from major crypto services.
(Source:BeInCrypto)