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Home / Technology / Tokyo policemen take their first cryptocurrency hacker: the $ 134K monacoin thief

Tokyo policemen take their first cryptocurrency hacker: the $ 134K monacoin thief




In Japan, an 18-year-old has been charged with stealing $ 134,000 worth of cryptocurrency (15 million yen). For the first time, local authorities managed to find a hacker for stealing digital assets.

Tokyo Police Department The cybercrime department identified its suspect, Monox, a cybercrime-traded social media platform, as an illegal virtual currency, JapanTimes reports.

The man later admitted to having repeatedly hacked the Monappy service between August and September, resulting in the disbursement of the cryptocurrence irrevocably.

An internal investigation by Monappy found that he had applied for around 8,200 "Monacoin" remittances with special "gift codes", resulting in around 640 incorrect referrals being executed.

A total of 97,000 Monacoins are said to have been illegally withdrawn and originally belonged to approximately 7,700 Monappy customers who had used the site to store their digital coins. [1

9659002] These Monacoins are currently worth about $ 50,000, but at that time their price was almost twice as high as today.

"I felt I had found a trick no one else knows," the suspect told local media sources. "I knew that what I was doing was wrong, but it was fun to see my balance go up."

He was reported to have declared that he had committed the crime as if he were playing a game. [19659002] This is not the first case of theft about hacking in Japan. In 2017, the Coincheck exchange service suffered a devastating attack that stole the cryptocurrency by over $ 500 million. This is still the biggest attack in the history of the cryptocurrency.

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Published March 15, 2019 – 15:22 UTC


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