North Wales Victim Loses £2.1m in 'Staggering' Bitcoin Fraud

North Wales victim loses £2.1m in 'staggering' Bitcoin fraud

North Wales Police have sounded an alert to crypto-currency owners after multi-million pound scam

Warning to cryptocurrency holders after victim scammed out of £2.1m in Bitcoin

The scammer then exploited a sense of fear and urgency to trick the victim, police say

BTC Remains Under Trendline; North Wales Police Investigate £2.1M Bitcoin Scam

North Wales Police has issued a warning to cryptocurrency holders after a victim lost £2.1 million in Bitcoin to what the force described as a “sophisticated” scam. The warning comes at a time when Bitcoin has been under pressure in the market, with BTC/USD trending lower on the H1 chart along a descending trend line. The price appears to have found horizontal support around 112,800. A breakout below this level could add to downside momentum, wh…