Cryptocurrency crime in Netherlands.

[XenoFever]

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.

5 man and 1 woman got arrested with warrant by the policeman at their homes Charlcombe, Lower Weston, and Staverton (UK), and Amsterdam and Rotterdam (Netherlands). They are really proffesional on accessing others account, there are many affected at least 4,000 victims in 12 countries and it still growing.

“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.”
https://www.google.com/amp/s/portswigger.net/daily-swig/amp/six-arrested-in-connection-with-27m-typosquatting-scam
Good thing is that, they had already caught those six people because if that thing does not happen, the number of being affected by the scam will grow continuously. That is how expert hackers and scammers are.

So always be careful when visiting and trying some unfamiliar websites, always do research about it and read some reviews to assure yourself that it is legit.

[avikz]

I strongly condemn such illegal things on crypto market. Such kind of incidents are only lowering down the reputation of cryptocurrencies in general. The criminals get the benefit of the privacy factor inbuilt in crypto and usually gets away with their wrongdoing.

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.

[davis196]

This is great news.Obviously,not all hackers and scammers are located in third world countries and North Korea.
Those "expert hackers and scammers" eventually got caught,which means they aren't that big experts.
I wonder what hosting were they using for their phishing scam website?I assume that the only way to catch those people,is to push their hosting provider to reveal their identity.Were they using some offshore hosting company?Anyway,it's good to know that the police is going a good work.

[danherbias07]

So it is like "phishing website" but there is a slight difference.

Typosquatting, also known as URL hijacking, is a form of cybersquatting (sitting on sites under someone else's brand or copyright) that targets Internet users who incorrectly type a website address into their web browser (e.g., “Gooogle.com” instead of “Google.com”).

Examples: Phishing email / Phishing website

    Generic greeting. Phishing emails are usually sent in large batches. ...
    Forged link. Even if a link has a name you recognize somewhere in it, it doesn't mean it links to the real organization. ...
    Requests personal information. ...
    Sense of urgency.

Source: Google

Again, this is why bookmarks are important.
Making an error in typing it then just using the google finds everyday could be a large risk when someone mimics the website.
Same goes to where we get our information.
Bookmark those legitimate ones to avoid mistakes.

[carlisle1]

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 .

[Haunebu]

Great news op. This is similar to the Bittrex phishing hack sometime back where the sites were completely similar. Always double-check site credentials people.

This is great news.Obviously,not all hackers and scammers are located in third world countries and North Korea.

Actually, majority of the hackers are from first world countries like Russia etc based on my research which is why your statement here doesn't make a lot of sense. 3rd world countries actually contain fewer hackers in comparison.

[Rengga Jati]

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.

Again, crime in the cryptocurrency world is very easy to do. In addition to scammers who deceive their victims to gain profit, hackers are no less. They use various methods to earn money as much as possible. In fact, this crime is not difficult to do among countries, yes, because this is cryptocurrency, digital system. In my opinion, maybe there are still many scammers and other hackers who are still operating. And maybe even the victims are still not aware of it. So, watch out!

...Such kind of incidents are only lowering down the reputation of cryptocurrencies in general...

That's right. For people who have been in the crypto for several times, this may be familiar and be one of the risks that may be faced. But for common people, this has become one of the bad images of the crypto world, which may further make them stay away for fear of the incident. In fact, this is only one risk. There are still many advantages to cryptocurrency that can be obtained. However, these advantages seem to be covered by issues like this.

This is great news.Obviously,not all hackers and scammers are located in third world countries and North Korea.

Right, we don't even know who they are, maybe they are around us and we don't realize it. And we only find out after it was exposed. Like what happened in my country a few months ago that horrendous our country.

[target]

The article tells nothing.  There are no details about which websites and who they were. Names of those men should have been added to the reports. Looks just a SPAM.

Despite the number of warnings about phishing and typing the URL correctly there are still going to be victims. This isn't just to cryptocurrency but anyone can still be a victim.

[vycl87]

I think there is no source to prove the accuracy of the subject yet. However, if it existed, it wouldn't matter. For centuries, fraud, smuggling and many illegal acts have been carried out for centuries all over the world. It doesn't matter if this happens with any FIAT, gold or silver, or cryptocurrencies. The wrong thing here is that the action taken is illegal. I think if we adjust our focus accordingly, we can look from a better place.

Cryptocurrencies offers us some opportunities. It is also possible to use the wrong way to use it correctly. As with everything, there are both advantages and disadvantages here. We have to act accordingly with this thinking.

[UserU]

Damn, this reminded me of a time I got scammed by a Dutch for 2 grand.

If only that shithead gets arrested too.

[boyptc]

So it is like "phishing website" but there is a slight difference.

It is actually like that, changing the URL name close to the original like Binance and other common cryptocurrency exchanges, wallets and other typical service that we use.

This really exists.

I guess some of you have seen those fake websites that's showing when you use google search and they are even sponsored.

[UserU]

It is actually like that, changing the URL name close to the original like Binance and other common cryptocurrency exchanges, wallets and other typical service that we use.

This really exists.

I guess some of you have seen those fake websites that's showing when you use google search and they are even sponsored.

Had that once, it was so freaking legit it even had it pass the details to the real server before requesting for 2FA.

[Casdinyard]

So it is like "phishing website" but there is a slight difference.

Typosquatting, also known as URL hijacking, is a form of cybersquatting (sitting on sites under someone else's brand or copyright) that targets Internet users who incorrectly type a website address into their web browser (e.g., “Gooogle.com” instead of “Google.com”).

Examples: Phishing email / Phishing website

    Generic greeting. Phishing emails are usually sent in large batches. ...
   Forged link. Even if a link has a name you recognize somewhere in it, it doesn't mean it links to the real organization. ...
    Requests personal information. ...
    Sense of urgency.

That's what I know about it too, it is more of like phishing website or brandjacking. They are trying to mislead the people with a single error on the typo, most used letter is lowercase i for l, some are changing the lowercase d with letter cl and some letters are being deducted that you won't notice it easily. I think we have already lessen the  websites that looks like this, some original brand companies were able to track this and already shut it down.

Again, this is why bookmarks are important.
Making an error in typing it then just using the google finds everyday could be a large risk when someone mimics the website.
Same goes to where we get our information.
Bookmark those legitimate ones to avoid mistakes.

Yeah, you'll see the importance of bookmarking in incidents like this, and also the saving of websites password to trusted websites. With bookmark you can basically distinguish if the website you trying to get in is the one you have used before. You can just put it on your favorites by clicking the unfilled star at the end of the whole search bar, so it will be added to your web starts.

[xSkylarx]

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.

5 man and 1 woman got arrested with warrant by the policeman at their homes Charlcombe, Lower Weston, and Staverton (UK), and Amsterdam and Rotterdam (Netherlands). They are really proffesional on accessing others account, there are many affected at least 4,000 victims in 12 countries and it still growing.

“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.”
https://www.google.com/amp/s/portswigger.net/daily-swig/amp/six-arrested-in-connection-with-27m-typosquatting-scam
Good thing is that, they had already caught those six people because if that thing does not happen, the number of being affected by the scam will grow continuously. That is how expert hackers and scammers are.

So always be careful when visiting and trying some unfamiliar websites, always do research about it and read some reviews to assure yourself that it is legit.

It makes me admire the justice system in the Netherlands. I wish that most countries with lots of scammers could also do the same thing. Scammers and hackers are every country's trash and they really deserved to be punished but most countries are having a hard time catching them. Good job to the Netherlands' authorities for serving the justice fair and fast for the victims in their country.

[pragna]

Yes, thanks to Netherlands police for their excellent work behind crime. Netherlands govt give permission blockchain research-
 https://www.globallegalinsights.com/practice-areas/blockchain-laws-and-regulations/netherlands so that it may be legal in there. So it should not do in Netherlands.

But there are many countries where cryptocurrency is illegal so that people do such kind of illegal transaction to earn money. I think until it whole acceptance through government this kind of will happen every country because there are evil person everywhere.

[CaVO32]

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.

5 man and 1 woman got arrested with warrant by the policeman at their homes Charlcombe, Lower Weston, and Staverton (UK), and Amsterdam and Rotterdam (Netherlands). They are really proffesional on accessing others account, there are many affected at least 4,000 victims in 12 countries and it still growing.

“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.”
https://www.google.com/amp/s/portswigger.net/daily-swig/amp/six-arrested-in-connection-with-27m-typosquatting-scam
Good thing is that, they had already caught those six people because if that thing does not happen, the number of being affected by the scam will grow continuously. That is how expert hackers and scammers are.

So always be careful when visiting and trying some unfamiliar websites, always do research about it and read some reviews to assure yourself that it is legit.

It makes me admire the justice system in the Netherlands. I wish that most countries with lots of scammers could also do the same thing. Scammers and hackers are every country's trash and they really deserved to be punished but most countries are having a hard time catching them. Good job to the Netherlands' authorities for serving the justice fair and fast for the victims in their country.

And I learned another word today - typosquatting. First time to encounter this word. Though I know about such activity of recreating the original site by changing some letters or adding a letter to the authentic one. Just learned now the right word for it.  But yes, Netherlands is doing good in pushing themselves to catch those scammers. It means, they really do spend their resources to resolve such scam. Good thing, their staffs superseded the ability of those scammers.

[camito]

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.

5 man and 1 woman got arrested with warrant by the policeman at their homes Charlcombe, Lower Weston, and Staverton (UK), and Amsterdam and Rotterdam (Netherlands). They are really proffesional on accessing others account, there are many affected at least 4,000 victims in 12 countries and it still growing.

“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.”
https://www.google.com/amp/s/portswigger.net/daily-swig/amp/six-arrested-in-connection-with-27m-typosquatting-scam
Good thing is that, they had already caught those six people because if that thing does not happen, the number of being affected by the scam will grow continuously. That is how expert hackers and scammers are.

So always be careful when visiting and trying some unfamiliar websites, always do research about it and read some reviews to assure yourself that it is legit.

Scammers and hackers are now evolving. The advancement of technology has made them more illegal and talented in fooling people. This seriously inflicted a bad image on the mass. People might now be questioning the security of cryptocurrency. Good thing, the authorities seized them, because if not, more of our co-Bitcoiners will be in a huge slump and it would be hard to get up from a huge loss. This is another reminder to be vigilant and careful of accessing addresses and wallets, to always check its legibility.

[KrisAlex18]

Nice post buddy, it is really good that you had shared that kind of information in this forum. I really hate those people who have strong knowledge about technology and uses it for bad things like scamming and hacking. They tend to gain access to different accounts of different people around the world and try to steal the money on that account. They don't even understand and think of those people who will lose their money just because of them. There are many for them to do to make money using their own knowledge I know that they are so intelligent because of their knowledge about hacking why don't they use it for good things or be a white hacker.

I strongly condemn such illegal things on crypto market. Such kind of incidents are only lowering down the reputation of cryptocurrencies in general. The criminals get the benefit of the privacy factor inbuilt in crypto and usually gets away with their wrongdoing.

Well said they tend to steal accounts of different people because they want easy money and they get too much money by doing that without thinking about the people who will get lost of their money.

[Eugenar]

Thank you for sharing that kind of information, we should be all familiar on cybercrimes happen all over the world, it will make us more careful on exploring some websites or doing some other stuff online. The good thing is that the government of the Netherland made an action to caught those criminals, they had made so much damage on the cryptocurrency, they are the ones who makes cryptocurrency bad because of those crimes.

It is really sad if you are the one who lost the money because of those hackers, you had lost your money just because of someone who stole it.

I think there is no source to prove the accuracy of the subject yet. However, if it existed, it wouldn't matter. For centuries, fraud, smuggling and many illegal acts have been carried out for centuries all over the world. It doesn't matter if this happens with any FIAT, gold or silver, or cryptocurrencies. The wrong thing here is that the action taken is illegal. I think if we adjust our focus accordingly, we can look from a better place.

Crimes happen all the time because of bad people who tend to do things badly because of getting easy money. It happens most of the time in crypto currency because of many hackers in the virtual world.

[Latviand]

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.