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Tag Archives: theft

Bitmain Sues Anonymous Hacker Over $5.5 Million Theft

Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5.5 million in cryptocurrency last April from the company’s account on the digital exchange Binance. The hacker’s identity is still unknown, and he’s described only as “John Doe” in official court documents, which were filed in accordance with the lawsuit on November 7, 2018, with the U.S. District ...

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Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto

China-based Bitcoin (BTC) mining giant Bitmain has sued an anonymous hacker for the alleged theft of cryptocurrency worth $5.5 million from Bitmain’s account on Binance in April, according to a lawsuit filed with the U.S. District Court for the Western District of Washington at Seattle on Nov. 7. As stated in the court document, an unknown hacker, referred to as ...

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Call of Duty Players Linked to $3 million Cryptocurrency Theft

A gang of Call of Duty players is suspected of masterminding a plan to steal more than $3 million in cryptocurrency. Citing unsealed court documents, the Chicago Sun-Times reports that the group — which includes a Dolton, IL man and a man from Bloomington, IL — is alleged to have hacked into cryptocurrency wallets after gaining access to the victims’ ...

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Australian Woman Arrested Over Theft of AU$450,000 Worth of XRP

A 23-year-old Australian woman has been arrested over the alleged theft of AU$450,000 worth of XRP tokens following a 10-month investigation. More than 100,000 units of the token were stolen from an electronic account belonging to a 56-year-old man. Australian Police Call for Multi-Factor Authentication to Add Protection Against Cryptocurrency Hackers In mid-January 2018, the victim was locked out of ...

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Woman Steals $65,000 Worth Cryptocurrencies in Australia’s First Every Crypto Theft

A 23-year-old woman has been arrested by the Sydney police for stealing $65,000 worth cryptocurrencies from a 56-year-old man. Brisbane Times reported that the woman hacked the victim’s email account in January 2018. She used the two-step verification feature by changing the password and verifying it with her mobile number. She then sent 100,00 XRP to her account in China ...

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Zaif Delays Customer Compensation Plan after $60 Million Crypto Theft

Tech Bureau, operator of Japanese cryptocurrency exchange Zaif, is yet to reveal a compensation strategy for customers who suffered losses from an infamous $60 million theft three weeks ago. Osaka-based Tech Bureau has already halted new user registrations to focus on reimbursing customers who collectively lost ¥4.5 billion ($40 million) from the ¥6.7 billion ($60 million) theft of bitcoin, bitcoin ...

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Oklahoma Duo Arrested for $14 Million Cryptocurrency Theft

Oklahoma police have arrested two men who reportedly stole millions of dollars from a California-based cryptocurrency company, local media reported. Fletcher Robert Childers, 23, and Joseph Harris, 21, of Missouri, were arrested on suspicion of grand theft, a first-degree felony, and identity theft, a Class C misdemeanor. If charged for both, the duo could receive up to 35 years of prison ...

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Monero Bug Allows Theft from Crypto Exchanges, Will They Start Delisting It?

A recently discovered bug allowed bad actors to trick and exploit cryptocurrency exchanges by sending multiple payments to the same stealth address. Monero Bug Allows Hackers to Steal from Crypto Exchanges Monero (XMR) is known as a coin that provides its users with increased levels of privacy and anonymity. Because of this, it has always accused of being the favorite ...

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