Connecticut Police Recover $63,500 in Cryptocurrency Scam

Connecticut State Police (CSP), in collaboration with the Statewide Prosecution Bureau, said on Wednesday that they have successfully recovered over $63,500 for a victim of a cryptocurrency phishing scam. The incident, reported in April by a Cheshire resident, involved the loss of over $68,000 in cryptocurrency through a fraudulent scheme offering new tokens. Utilizing blockchain analytics, CSP detectives traced the stolen funds to the suspect’s digital wallet, where most of the cryptocurrency remained. Legal actions led to the seizure of more than $63,500, which was then returned to the victim after a motion was filed in Meriden Superior Court. The ongoing investigation has uncovered multiple victims across the United States. The CSP Cryptocurrency Working Group warns residents to avoid unsolicited offers related to cash, cryptocurrency, or investments and advises against sharing personal or financial information with unknown individuals. Potential fraud victims are urged to contact the CSP via email.

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