ben shekelberg 
Updated July 18th, 2019
Six people in the U.K. and Netherlands were arrested on charges
stemming from the theft of €24 million, $27.3 million, worth of
cryptocurrency.
The arrest was carried out by the U.K.’s South West Regional Cyber
Crime Unit (SW RCCU) in a joint operation with the Dutch police
(Politie), Europol, Eurojust and the UK’s National Crime Agency (NCA)
after a 14-month long investigation, according to a 25 press release.
The investigation stemmed from a case of typosquatting in which a
well-known online cryptocurrency exchange was spoofed to gain access to
victims’ Bitcoin wallets and steal their funds and login details.
Five men and one woman were arrested in simultaneous warrants this
morning at their homes in Charlcombe, Lower Weston and Staverton in the
U.K. and Amsterdam and Rotterdam in the Netherlands, the release said.
The heist is believed to have affected at least 4 000 victims in 12 countries, but more may have been affected.
According to Europol’s press release:
Today, the UK’s South West Regional Cyber Crime Unit (SW RCCU) in a joint operation with the Dutch police (Politie), Europol, Eurojust and the UK’s National Crime Agency (NCA) has arrested 6 individuals after a 14-month long investigation into a €24 million cryptocurrency theft.
The five men and one woman were arrested in simultaneous warrants this morning at their homes in Charlcombe, Lower Weston and Staverton (UK) and Amsterdam and Rotterdam (the Netherlands).
The theft, which targeted users’ Bitcoin tokens, is believed to have affected at least 4 000 victims in 12 countries, with the numbers continuing to grow.
The investigation relates to typosquatting, where a well-known online cryptocurrency exchange was ‘spoofed’ – or recreated to imitate the genuine site – to gain access to victims’ Bitcoin wallets, stealing their funds and login details.
This case was referred to the European Cybercrime Centre (EC3) and the Joint Cybercrime Action Taskforce (J-CAT) hosted at Europol after the British authorities identified possible suspects living in the Netherlands. Operational support delivered by EC3 since February 2018 allowed the J-CAT to coordinate the international cooperation between the different EU Member States involved.
In addition, operational meetings were organised at Europol’s headquarters between the British and Dutch authorities, allowing for the smooth exchange of intelligence and evidence which led to these successful arrests. A coordination meeting was also held at Eurojust to prepare for the action day.
