Three Arrested in China Over $87 Million Cryptocurrency Hacking Theft

[kreslik.news]

Three individuals have been arrested in China in a nationwide sting operation. They are suspected of stealing cryptocurrency worth approximately $87 million, according to the Xinhua news agency.

Zhang of Xi’an

On the 30th of March, authorities in the city of Xi’an received a complaint from one “Zhang” that his personal computer had been hacked and Bitcoin and Ethereum worth 100 million yuan stolen. A task force was set up to investigate, which concluded that someone had managed to steal the funds remotely while leaving almost no clues.

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The investigators enlisted the help of ... (read more)