British Man Duped out of $282,000 in Brutal Crypto Scam
Crypto wallet theft scams have become more common. A British man lost £200,000 to local crypto scammers.
The UK’s Metropolitan Police have reported an increase in online investment fraud. Crypto scams are a multimillion-dollar industry.
The victim, who does not want to be identified, was conned by the fraudsters following an online conversation in 2020. They talked him into investing his money in a fake brokerage firm, promising significant returns on Bitcoin’s bull run.
