Gulfport Cryptocurrency Theft: $45,0000 Gone

Police are investigating a cryptocurrency theft in Gulfport.
Gage Skidmore, CC BY-SA 3.0, via Wikimedia Commons

Police are investigating the alleged theft of $45,000 in Gulfport cryptocurrency from the accounts of a Gulfport resident.

According to the Gulfport Police Department"The online suspects were able to gain access to the victim's online account and somehow lock the victim out of the accounts."

GPD Sergeant Thomas Woodman said the case is "an active ongoing investigation" and is likely a scam.

Woodman also said police have yet to make any arrests.

Cryptocurrency, a type of digital currency, also has other risks. According fidelity investmentsthat offers some investment products in cryptocurrencies, "cryptocurrencies are highly volatile, can become illiquid at any time, and is for investors with a high tolerance for risk. Investors in cryptocurrencies could lose the entire value of their investment."

Do you have any questions about why the police department does something? review the Gulfport Police Department Frequently Asked Questions. If that still doesn't answer your question, you can email us and we'll look for an answer. We post Q&As as part of our recurring feature, City Whys. Here is a sample of our most recent whys of the city.

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