Burglarized burglars, Bitcoin worth Rp 41.1 billion Raib

in cybercrime •  7 years ago  (edited)

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The digital money trading market in India, Coinsecure, reported losing millions of their assets. Quoted from MarketWatch, the lost asset is the most popular digital money in the world, Bitcoin.

The lost amount is worth USD 3 million or approximately Rp 41.1 billion (Exchange rate Rp 13,700). MartWatch reportedly alleged a Coinsecure official was involved in the burglary case. Coinsecure explained that the loss occurred when the company extracted Bitcoin to be distributed to its customers.

"We regret to inform you that our Bitcoin funds have been exposed, some assets have been sucked into addresses that are beyond our control," read a statement posted on Coinsecure's official website.

In a letter posted on the company's website and addressed to police in New Delhi, chief executive of Coinsecure Mohit Kalra, accused the Head of Research Amitabh Saxena had a "role" in the case.

But Mohit Kalra did not elaborate further on the "role". Kalra and Saxena are the only holders of passwords for corporate wallets, the letter said.

Earlier, a similar case occurred in Bitcoin trading on the Japanese stock exchange, Coincheck. Cryptocurrency currency exchange in January 2018 and lost about USD 538 million (equivalent to Rp 7.1 trillion) due to hacked hacked.

This case has made Japanese financial authorities, temporarily stop a number of online money trading digital sites. Sanctions are imposed, until they can ensure the security of the transaction system. There is even a permit revoked. Coincheck claims to have been a victim of hackers in the case.

This incident occurred in the midst of a polemic against the never-ending digital money. A number of countries and financial regulators, there are still opposing the existence of this cryptocurrency. After reaching its highest position at USD 20,000, now Bitcoin is in the range of USD 7,000 to USD 8,000.

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