Ukraine’s Cyber-Police Nail Crypto Exchange Hacker

Yuri Molchan
Ukraine’s Cyber-Police Nail Crypto Exchange Hacker
Cover image via U.Today

 

The malware created by a 23-year-old Ukrainian resident allows him to access user accounts on crypto exchanges and leave them empty of funds.

The law enforcement agents caught the young criminal in a provincial city in Eastern Ukraine. All his equipment was confiscated.

A pre-trial case has been initiated. The experts will estimate the number of the hacker’s victims. The man may be sentenced to six years in prison or three years of community work.

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.