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August 20, 2025

North Wales victim loses £2.1m in ‘staggering’ crypto fraud

- By STEVE BAGNALL Daily Post Reporter

BITCONNED

POLICE have launched a probe after a North Wales victim was conned out of £2.1m, in a “staggering” Bitcoin fraud.

They were scammed into handing over a password by a cyber thief, posing as a senior law enforcement officer.

Moments later they lost assets worth millions. North Wales Police are now investigating in a bid to catch the culprits and recover the funds, as they sounded a caution to anyone who owns cryptocurrency.

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