Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    bessent crypto endorsement painting

    U.S. Treasury’s Support Boosts Crypto Confidence

    bitcoin companies holdings art

    Top Bitcoin Companies Hold 771,551 BTC as of July 2025

    microstrategy robinhood boardroom

    Top Bitcoin Companies Hold 771,551 BTC in 2025

    bustling financial district painting

    Top Bitcoin Companies Hold 771,551 BTC Collectively

    futuristic cityscape bitcoin art

    Leading Bitcoin Companies Amass 771,551 BTC

    futuristic financial cityscape

    Major Bitcoin Holders Control 771,551 BTC, Report Finds

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    xrp ledger global network art

    XRP Ledger Becomes Key Settlement Layer for Stablecoins

    futuristic xrp cityscape painting

    XRP Ledger Gaining Momentum as Stablecoin Settlement Layer

    futuristic financial district art

    CME XRP Futures Reach Record Highs Amid ETF Optimism

    frantic financial market painting

    Pepe Coin Price Drop Triggers Market Reactions

    bull market cityscape painting

    BlackRock Spot Ether ETF Drives Record July Inflows

    futuristic cityscape oil painting

    BlackRock’s Ripple Swell 2025 Presence Spurs XRP ETF Speculation

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Three Chinese Hackers Stole Cryptos Worth of $87M

Anca F. by Anca F.
August 20, 2018
in Altcoin News, Latest News
handcuffs 2102488 1280

Chinese authorities have apprehended three suspects in the most prominent cryptocurrency hack that has ever taken place in the country, where nearly 600 million yuan ($87 million) were stolen.

The police closed an investigation which lasted almost six months which involved three men who allegedly were involved in the hack that stole Bitcoin and Ether, according to initial reports made by Huashang News on August 19.

The report further stated that the investigation that led to the arrest of the group of hackers started in March when the cyber theft was reported by the victim. The losses were estimated at that time to a total of 100 million yuan.

“On March 30, 2018, the Xi’an Public Security Bureau received an alarm from the victim Zhang, saying that his personal computer was suspected of being illegally invaded. A large number of virtual currencies such as Bitcoin and Ethereum were looted and the market value reached 100 million yuan. The Municipal Public Security Bureau quickly set up a task force to carry out the investigation,” read the report made by Xinhua.

 “Our bureau has not dealt with this kind of case before,” South China Morning Post quotes a police officer stating that “It’s the first virtual currency-related case in Shaanxi.”

After examining over “30,000 pieces of information” which were in relation to the event and the suspects, the culprits were apprehended on Wednesday last week.

After the investigation conducted in association with unnamed websites, police found the suspect named Zhou, who is believed to have forcibly accessed the account and transferred them to his wallet. then the two other accomplices were found, their criminal records show that they are also expert hackers.

 “After preliminary investigation, the suspects used remote hacking techniques to remotely control theft of highly secure virtual currency accounts without any operation of the victim, and almost no trace of committing crimes. Rare case.”

The three individuals face charges of involvement in illicit operations on the networks of organizations and personal ones to gain forced access to cryptocurrency holding worth of 600 million yuan, around $ 87 million.

Legal proceedings are still in progress. Although this is not the first case to have hit the country, it is definitely the hack that has made off with the most cryptos.

Tags: $87 milion hack600 million yuan stolenChinachinese hackerscryptocurrency hacksuspects arrested
Previous Post

Coinberry to Allow 1.2 M BRD Customers Benefit from No-Fee Trading Services

Next Post

The Individual Behind the BitConnect Scam Schemes Was Arrested

Anca F.

Anca F.

Related Posts

arthur hayes crypto analysis

Arthur Hayes Sells $13.35 Million in Crypto Amid Market Dip

by Solomon M.
August 2, 2025

Arthur Hayes liquidates $13.35 million in crypto assets, signaling a market shift.

arthur hayes oil portrait city

Arthur Hayes Sells $13.35M in Crypto Assets Amid Market Dip

by Solomon M.
August 2, 2025

Arthur Hayes, BitMEX co-founder, sells $13.35M in cryptocurrency amidst market downturn, raising questions about strategy.

eco mining oil painting scene

Invro Mining Launches Eco-Friendly Cloud Mining App

by Solomon M.
August 2, 2025

Invro Mining introduces a mobile app for eco-friendly cloud mining, supporting major cryptocurrencies including BTC and ETH.

bessent endorses crypto art

U.S. Treasury Embraces Cryptocurrencies with Regulatory Support

by Solomon M.
August 2, 2025

Treasury Secretary Scott Bessent signals institutional support for Bitcoin, stablecoins with regulatory clarity in the U.S.

serene evening urban skyline

US Stock Market $1.1 Trillion Loss Rumors Unfounded

by Solomon M.
August 2, 2025

No official proof supports recent claims of a $1.1T US stock market loss.

chaotic stock market painting

US Stock Market Volatility Raises Concerns Amid Unverified $1.11 Trillion Loss

by Solomon M.
August 2, 2025

Rumors circulate about a $1.11 trillion loss in the US stock market, causing market uncertainty.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.