Spain Arrests 5 for Stealing Hundreds of thousands in Cryptocurrency

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The Spanish Civil Guard arrested 5 individuals suspected of stealing about six million euro (US$6.67 million) from a Spanish firm devoted to storing the crypto belongings of its purchasers. The theft was made doable when the pc of one of many firm’s workers received contaminated with a virus after he downloaded a film from a pirate web site.

The Spanish Civil Guard arrested 5 individuals suspected of stealing about six million euro (US$6.67 million) from a Spanish firm devoted to storing the crypto belongings of its purchasers. (Photograph: Guardia Civil, License)1000’s of buyers misplaced their crypto belongings within the 2020 assault that occurred six months after the film information containing a extremely refined virus had been downloaded, permitting the cybercriminal group to realize full management of the worker’s laptop and use it to entry the corporate’s work surroundings.

In the summertime of 2020, when the prison group already knew all of the procedures, traits, and construction of the corporate, it issued the cryptocurrency transaction order value six million euros.

The stolen funds had been transferred to wallets managed by the attackers and left to sit down there for half a 12 months earlier than they had been transferred to no less than 4 individuals who had been apparently not associated to one another.

In late 2021, police arrested the 4 in Tenerife, Bilbao, and Barcelona and seized their computer systems, in addition to 900,000 euros ($1 million) associated to the theft.

Information extracted from the seized computer systems led investigators to a fifth one that obtained half one million euro in cryptocurrency. The Civil Guard stated that the ringleader managed the fabric creator of the hacking via a mind-altering drug extracted from the poison of the bufo toad.

In accordance with The Information 24, 4 of the suspects are Spanish, and one is from Japanese Europe. The information outlet additionally claimed that 1.4 million euros ($1.56 million) of the stolen cryptocurrencies have been recovered.

“A key issue for the decision of the case has been the complete willingness of the victims and the collaboration of the personal cybersecurity sector,” Spanish Civil Guard stated on Twitter.





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