Overview
- North Wales Police confirm an active investigation, with the Cyber Crime Team working to trace the stolen Bitcoin and no recovery reported so far.
- The victim was told their details were found on a suspect’s phone and was pressured to “secure their assets” by logging in via a fraudulent website.
- Police say the incident appears highly targeted and may have been enabled by a prior data breach, although that detail remains under investigation.
- Officials warn they will never call to discuss crypto holdings or request a seed phrase and advise anyone receiving such contact to hang up and verify with police directly.
- Separate market coverage notes Bitcoin trading under pressure, with Bitget’s Ryan Lee expecting consolidation near $112,000–$118,000 and cautioning that higher futures leverage can magnify volatility.