18-year-old defendant in Japan’s first crypto theft

In Japan’s first case against a hacker over cryptocurrency theft, an 18-year-old boy was referred to prosecutors for allegedly stealing about $134,300 worth of cryptocurrency, The Japan Times reported.

For stealing the money, the boy allegedly hacked Monappy, a website where users can keep the cryptocurrency monacoin, last year.

   

Hailing from the city of Utsunomiya in the Tochigi prefecture, the boy made use of a software called Tor that makes it hard to identify the person accessing the system.

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