Cybercrime police have arrested three suspects for allegedly defrauding a city resident of approximately $2.1 million in USDT through a sophisticated fake cryptocurrency website.
Investigators revealed that the suspects posed as legitimate buyers interested in purchasing USDT and persuaded the victim to complete a Know Your Customer (KYC) verification process on a fraudulent website identified as “trontag.org.”
Authorities said the website was intentionally designed as a phishing platform to harvest sensitive information, including banking credentials, login details, and authentication data. Shortly after the victim submitted his details, the suspects allegedly transferred the equivalent of $2.1 million in USDT into digital wallets under their control.
Police disclosed that one of the arrested individuals is believed to have developed and operated the fake website. The portal reportedly mirrored the appearance of a genuine crypto KYC platform, lowering suspicion and increasing the likelihood that victims would provide confidential information.
After the fraud was reported, cybercrime investigators launched a technical probe, examining blockchain transaction records, banking logs, and digital footprints.
Although the suspects attempted to conceal the stolen assets using wallet layering and fund routing across multiple crypto addresses, transaction mapping and server log analysis enabled authorities to trace the movement of funds and identify those responsible.
