Local prosecutors in Japan have charged an 18-year old male with cryptocurrency theft. Per a report published in a local news outlet, the Metropolitan Police Department (MPD) of Japan are accusing the young adult of stealing 15 million Yen ($134,310) worth of stealing MonaCoin (MONA)—a Litecoin hard fork. According to the report, this is the first time local authorities have charged a hacker for crypto theft in Japan. The young hacker is accused of breaching Monappy, an online wallet service used by crypto investors to store their digital assets last year. The teenager reportedly took advantage of the website’s vulnerability,

The post Japanese Police Arrests 18-Year Old Hacker for Stealing $134,000 in Monacoin appeared first on CCN

You may be interested

ADA
shares2 views

Cardano Price Turns Bullish as Bitcoin Shows Signs of a Recovery

Brian Evans - Mar 26, 2019

Some minor bullish momentum appears to be affecting most of the cryptocurrency markets at this time. That in itself is a bit surprising, primarily because there was…

Border Wall
shares0 views

First Mueller, Now the Wall: Trump Slaughters Democrats at Every Turn

Brian Evans - Mar 26, 2019

They failed to bring down Brett Kavanaugh. They failed in their lies regarding the President’s collusion with Russia. Now, the Democrats have failed to stop work on…

Crypto
shares4 views

Dream Market Shuts Down: Has the DEA Claimed Another Darknet Victim?

Brian Evans - Mar 26, 2019

After almost six years in operation, Dream Market is calling it quits. CCN has confirmed rumors of the shutdown. Since the original message was unsigned, there is…

Most from this category

%d bloggers like this: