Last October, a federal judge approved a ban on retrieving more than $ 600,000 from photographs. Bitcoin Federal investigators say $ 11.6 million was stolen from the Huobi Global Wallet, one of the world’s largest cryptocurrency exchanges, from a client account on the popular crypto exchange Coinbase.
The complaint alleges that the scam started last April after a Coinbase customer bought 200 bitcoins after sending a notice to a buyer asking them to close an account that appeared to be from the Coinbase platform, but the complaint alleges fraudulent notification. Filed by the U.S. Attorney’s Office in Los Angeles.
The litigation papers showed that this notification was the first step in a scam that stole 206 bitcoins from a user’s account within 10 minutes.
Despite the confidentiality of data in the cryptocurrency world, investigations have not revealed how the fraudster came to know about the transaction that took place in the customer’s coinbase account.
A federal complaint filed last month by investigators alleges that a Coinbase customer, referred to only as GR in court records, called a phone number on a notice thinking he could call a Coinbase customer service representative.
The other party on the phone answered him and asked him to make changes, including allowing remote access to the account.
“Once access to the victim’s account is granted, the fraudster increases the daily transaction limit and attempts to deactivate certain notifications and alert settings on the victim’s account,” U.S. Attorney Dan J. Boyle filed. United States.
Investigators say billions of dollars in Bitcoin and stellar “cryptocurrency” were removed from GR’s account within seconds.
In her complaint, she wrote: “The total value of the cryptocurrency transferred from the victim’s account exceeded $ 11.5 million.
The fraudster also transferred funds through a series of transactions between several anonymous accounts, including an account known as Huobi Global, one of the largest cryptocurrency exchanges in the world, for about 10.2 bitcoins.
Investigators issued a foreclosure notice demanding the recovery of the cryptocurrency.
“Huobi agreed to withhold funds when the foreclosure case is resolved,” Tom Mrosick, director of media relations at the U.S. Attorney’s Office in Los Angeles, told Insider via email. Al-Arabiya.net found that “no one has been arrested or charged, but our investigation is ongoing,” he added.
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