Overview
- Sam Little says the January attack cost him £40,000 of life savings held in cryptocurrency that he and his wife had set aside for the future.
- He received multiple texts that looked like alerts from his provider, rang a UK number shown in the messages, and spoke to callers who guided him through actions that let thieves seize his accounts.
- Little says the fraudsters did not ask for passwords or codes and that a fake or compromised version of the platform’s web page was used to take control within minutes.
- He reported the theft to Action Fraud, run by the City of London Police, but says none of the money has been recovered and he has been told no formal investigation has yet begun.
- Official Office for National Statistics figures cited in coverage show around 4.6 million people fall victim to cybercrime and fraud each year with a 31% rise in reports between 2024 and 2025, underscoring growing risks and limited options for recovering crypto losses.