Chinese Police Return Bitcoin to Victim in 3 Million Yuan Theft Case – Featured Bitcoin News

Chinese Police Return Bitcoin to Victim in 3 Million Yuan Theft Case – Featured Bitcoin News

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May 15, 2021 by admin
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Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a sufferer and returned them to the proprietor. The case includes the theft of 8.236 bitcoins, value roughly 3 million yuan. Police Return Bitcoin to Theft Sufferer Police in China’s Jiangxi province have reportedly solved a case involving the theft of bitcoins value virtually
Chinese Police Return Bitcoin to Victim in 3 Million Yuan Theft Case

Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a sufferer and returned them to the proprietor. The case includes the theft of 8.236 bitcoins, value roughly 3 million yuan.

Police Return Bitcoin to Theft Sufferer

Police in China’s Jiangxi province have reportedly solved a case involving the theft of bitcoins value virtually 3 million yuan ($466,000), native media reported this week.

A person, referred to solely by his final title Shan, filed a police report stating that he was unable to entry his electronic mail account linked to his cryptocurrency pockets after somebody modified his password. His account contained 8.236 BTC, value roughly 2.96 million yuan. On the time of writing, this quantity of bitcoin is value $406,949.

Preliminary investigations confirmed that the e-mail account was linked to greater than 20 phone numbers that had been illegally obtained by the suspect to keep away from police detection, the authorities say.

Nonetheless, the police ultimately situated the suspect, who’s referred to solely by his surname Zeng, from East China’s Jiangsu province by mass knowledge screening and evaluation, He was arrested on April 20 in Nanning, South China’s Guangxi Zhuang Autonomous Area.

Zeng confessed that he acquired grasping when the worth of bitcoin soared. The publication described that he then conspired with others to trick the sufferer into giving him the password to the e-mail account permitting him to achieve entry to the sufferer’s bitcoin.

The police stated that Zeng has been put underneath legal detention whereas the case remains to be pending.

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Picture Credit: Shutterstock, Pixabay, Wiki Commons

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