The post Cyprus Police Investigate $448,000 Crypto Theft After Email Hack appeared first on Coinpedia Fintech News
Cyprus police are investigating the theft of over $448,000 in cryptocurrency from a 48-year-old man’s digital wallet. The cyberattack, reported on July 26, occurred after hackers accessed the victim’s email and used it to obtain the wallet password on June 11. The stolen funds were swiftly moved to another wallet, prompting police to warn that recovery will be extremely difficult. Authorities urge crypto users to adopt strong passwords and two-factor authentication for better security