Six people were arrested in the Netherlands and the UK over a $27 million "typosquatting" scam, which involved making a fake website to gain access to user Bitcoin wallets.
.
This only proves that Netherlands is Good in catching scammers (How i wish our country will do same because of tons of scamming happening here) imagine that 27million$ are a Lifetime investment of some Victims and maybe those are what they gather from their lifetime crypto investing.
I strongly condemn such illegal things on crypto market.away with their wrongdoing.
We are in one position in this point mate because these criminals must be all gone Damn.
I am happy at least here police have been able to identify them and brought them under justice. No criminals should be left alone in crypto space! Common people usually try to avoid dirty water.
And this will be an eye opener for those aspiring to be scammers and also those becoming a target .
The authority should be strict when it comes to that and identifying real websites are very hard nowadays because scammers are really good at making their way to fool people. Typosquatting is the type of scamming where they hijack different websites or fake the URL so that they can have access to the accounts of the victim who input their bitcoin wallet in the website.
If you're a mindful person, you will never try new websites that is related to crypto instead use what you're using for so long. Probably the good website about bitcoin wallets should've a lot of users and reviews and popular so that it is guaranteed that the number of people using that website is high.
You will know that the website is a fraud and looks suspicious if the website lacks a certain features and also the design is plain. If the volume of people is not that huge enough, there's a possibility that the website you're accessing for your bitcoin wallet might be fake. That's why you should look for more reviews and information about the website where you can access your bitcoin wallet.