THE CYBER POLICE OF UKRAINE EXPOSED THE MAN WHO STOLE FUNDS FROM CRYPTO-WALLETS OF 720 THOUSAND UAH

Employees of the cyber police exposed a man-a resident of the Kiev region, who stole funds from the crypto-wallets of the exchange’s clients for online exchange of cryptocurrency of hundreds of thousands of UAH.

It is established that the acquisition of cryptocurrency clients occurred in several stages. At first, the attacker was picking up accounts of crypto-exchange customers who had not visited their accounts for a long time and on which multi-factor authentication was not installed. Subsequently, he carried out a replacement backup mailboxes or independently to add such boxes to accounts where backup addresses have not been specified. This gave the opportunity to later restore access passwords to the wallets and initiate the cancellation by electronic means.

Conversion and withdrawal of funds occurred via online exchangers.

Currently there has been mounted the amount of damages, which is the equivalent of more than 720 thousand UAH. The man spent received from criminal activity money on participation in gambling on virtual simulators of slot machines.

A man is suspected of committing an offense, provided by Art. 361 of the Criminal code of Ukraine for unauthorized intervention in work of computers, the automated systems, computer networks or telecommunication networks.