Three Men Jailed for Posing as Police in $5.3M UK Crypto Fraud

Three men were jailed for posing as police in a $5.3 million UK crypto fraud. The gang built fake police websites to fool victims, then spent the stolen crypto on Rolexes and luxury holidays, the Met said. The case highlights ongoing risks of social engineering scams in the crypto space, targeting individuals through impersonation and fraudulent websites.