Three Men Jailed for Posing as Police in $5.3M UK Crypto Fraud

The gang built fake police websites to fool victims, then spent the stolen crypto on Rolexes and luxury holidays, the Met said.

Source: Decrypt
https://decrypt.co/373702/three-men-jailed-for-posing-as-police-in-5-3m-uk-crypto-fraud

What's your take — bullish or bearish? Discuss below.