Monday, 10 September 2018

Bitcoin hack: Five months on, police to file charges

NEW DELHI: Five months after the biggest wallet hack in a cryptocurrency exchange firm, Cyber Cell of Delhi Police is set to file a chargesheet in the case on Monday.

In total, 438 bitcoins valued at approximately Rs 20 crore had been reported stolen by the exchange firm, Coinsecure, on April 9. The hack was reported when all the bitcoins stored offline had vanished. It was later found that the private keys — password kept by the company and stored offline — were leaked online leading to the hack.

Earlier, the investigating teams had sought the help of Interpol to trace the bitcoins. The cops managed to identify some cryptocurrency firms outside India where the hackers had used the bitcoins, but got no further information.

Confirming the developments, DCP (cyber cell) Anyesh Roy said, “We contacted some of the exchange firms from where the bitcoins were routed. Initially, they didn’t give a response, but now we are in the process of getting the information through mutual legal assistance treaty.”


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