Home Bitcoin NewsBitcoin Scam Police recovered $20,000 in a Cryptocurrency Scam

Police recovered $20,000 in a Cryptocurrency Scam

by admin
Police recovered $20,000 in a Cryptocurrency Scam


MILFORD, CT. (WFSB) – A Milford resident complained to state police in regards to a larceny by false pretenses.

On September 2, the victim lost $41,150 when he deposited money into Bitcoin ATM machines.

They traced the scam back to two major cryptocurrency exchanges in the U.S. and the Cayman Islands.

Police eventually recovered a portion of the Bitcoin from the two exchanges.

Investigators learned that the suspects resided outside of the U.S.

This led to an unlikely arrest at this time.

There was restitution action before Milford Superior Court.

Approximately $23,000 was returned to the victim.

Source link

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More