5.73 BTC Frozen on Changelly in March 2025 Following Social Engineering Attacks, User Later Files Police Report

BTC-2.38%
According to ChainCatcher, a user's 5.73 BTC (approximately $475,000) was frozen on Changelly in March 2025 following social engineering attacks, as analyzed by on-chain investigator ZachXBT. The funds were traced to multiple incidents targeting U.S. users, including Bitcoin ATM thefts, with total losses exceeding $1 million and involving elderly victims. In an unusual turn, the user filed a police report in India in December 2025 (case number 3207-P/2025) attempting to recover the frozen assets. Further investigation revealed inconsistencies in the user's account details and suggested possible involvement as a money mule. ZachXBT warned that such cases highlight ongoing social engineering and cross-border fund transfers, urging users to avoid transactions with suspicious sources to prevent compliance freezes and legal risks.
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