Crypto
Connecticut Detectives Recover Over $42K in Cryptocurrency After Major Theft
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Norwich, CT – Connecticut State Police successfully returned over $42,000 in stolen cryptocurrency after a months-long investigation.
In March, Norwich police reported that $159,712.26 worth of Bitcoin and Ethereum had been illegally removed from a cold storage wallet. Connecticut detectives traced the stolen assets to two exchanges. They issued search warrants, leading to the freezing of stolen cryptocurrency.
According to Connecticut State Police, detectives returned 0.28993293 Bitcoin (BTC) and 24,051.40 USDT to the victim on October 1, with a total value of $42,129.95. Investigators received support from the New London Superior Court, which granted search warrants to seize the assets.
State police reminded residents to strengthen online security for cryptocurrency. Key tips included using two-factor authentication (2FA), keeping private keys secure, and avoiding phishing scams.
