Suspects Arrested Over Biggest China’ Hack– Over $80 Mln Stolen in Digital Coins

Yuri Molchan
Over $80 mln in crypto stolen in China
Suspects Arrested Over Biggest China’ Hack– Over $80 Mln Stolen in Digital Coins
Cover image via U.Today

This is reported to be the largest-scale crypto theft made through computers in China. The case was opened in March when a man who claimed to have 100 mln Yuan in BTC and ETH stolen from his computer after it was hacked came to the police with a complaint.

The arrested, reportedly, have been into hacking since the age of 12-13 and have been improving their “dark” IT skills since then. They used a special technology that let them easily cover their tracks.

The police admit they have not encountered such cases before.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.