IOTA to the value of 10 million Euro as a means of proof to ensure

the almost A week after Europol has announced the arrest of an alleged IOTA-thief, could ensure that the authorities now seem to be a large part of the loot. The Funds in the value of around ten million euros, to serve the law enforcement authorities as evidence.

By Christopher clover
At the 1. February 2019BTC$3.454,92 0.64%part Facebook Twitter LinkedIn xing mail

On the 23. January, the made messages of the round, the pan-European police authority, Europol, together with British and German authorities, an alleged IOTA-thief thing. The accusation: Using a malicious Seed generator gave the Accused access to the IOTA-Wallets unsuspecting users. In this way, it should be the Suspect succeeded IOTA to the value of ten million euros to acquire.

Apparently, could now be a majority of the stolen Funds found. The news Agency Reuters reported on 30. January citing IOTA co-founder Dominik Schiener.

"as far as we know, is only a small part of the 10 million euros not found," said Schiener Reuters in an Interview on may 25. January.

The crypto stock exchanges had acted in time, and the accounts of Suspects be frozen, before it could pull its prey. After it was assumed that the IOTA Foundation first of all, by a concerted action of several hackers, could not substantiate this suspicion. It indicates everything, the the on 23. January arrested the alleged perpetrator had acted alone. The Accused had "a normal Job and is well trained," said Schiener.

85 victims need to

wait For the arrested is a 36-year-old man from Oxford, England. Against him will now be determined because of a suspicion of fraud, theft and money laundering. The arrest was the result of a close collaboration between the Hessian state police, and the Cybercrime division of EC3 Europol as well as the British authorities SEROCU (South East Regional Organised Crime Unit) and NCA (National Crime Agency).

also Read: Together we are strong: Bosch and IOTA of things

tinkering with the Internet Since January of 2018, went to the alleged perpetrators of the 85 investors on the glue. This is with Iotaseed.io have a malicious Seed Generator for IOTA-Wallets.

Up to the victim to come back in possession of their stolen funds, however, is still some time into the country. The seized Funds have to serve the law enforcement authorities first of all as evidence.