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Cyprus Police Investigate $448,000 Crypto Theft After Email Hack

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Sohrab Khawas

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

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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