A 23-year-old resident of Kyiv region created an online platform that imitated the work of a real crypto exchange. In this way, he caused people losses of 7.6 million UAH. Here's how his criminal scheme worked.
A 23-year-old resident of Kyiv region created an online platform that imitated the work of a real crypto exchange. In this way, he caused people losses of 7.6 million UAH. Here's how his criminal scheme worked.
The essence of his criminal scheme was to mislead victims into believing they were buying cryptocurrency, when in reality the money simply disappeared, and the bitcoins remained only on the screen.
The attacker used his technical knowledge to administer the fake website. He had full control over all its functions: he could change account balances, edit transaction history, and mislead users by creating the illusion of real cryptocurrency transactions.
One of the victims was a man from Sumy. He wanted to buy $60,000 worth of Bitcoin. The suspect convinced him to register an account on a fake exchange and said he had transferred the cryptocurrency there. In reality, no transaction took place — the attacker misappropriated all the funds.
Moreover, the fraudster was going to repeat the deception, he again approached the victim and offered to sell another bitcoin for $100,000. However, this time the police were already waiting for him. The suspect was detained while transferring the money, according to the National Police of Sumy Region.
According to the results of the search, in addition to money, the police seized a mobile phone and a Lexus car from the man.
