Wednesday, July 28, 2021
Home Crypto News Market Romanian Barber Stole $620,000 Worth Of Crypto

Romanian Barber Stole $620,000 Worth Of Crypto

- Advertisement -

A Romanian barber was arrested on suspicion of stealing $620,000 worth of cryptocurrency. Berber has been detained since March 5th.

A 38-year-old Romanian barber named Ionel Roman was arrested for crimes such as hacking, fraud, and money laundering. Roman is suspected of stealing crypto money by targeting a Cayman Islands-based company that is considered the seventh-largest crypto operator in the world.

How did the barber steal the cryptocurrencies?

Romanian Directorate for Investigating Organised Crime and Terrorism, DIICOT, said that between January 28 and 31, the suspect Ionel entered the Cayman Islands company’s computer using an illegal API. The suspect, who was reported to have made unauthorized access, gained access to the section where crypto¬†accounts were checked.

DIICOT said that Ionel, that gained access to the crypto accounts of the firm, transferred $620,000 to several accounts belonging to different peoples, that paid him real money for buying cryptocurrencies. Ionel Roman withdrew 620 thousand dollars by dividing it into 10 thousand Romanian lei (about 25 thousand dollars) so that he does not have to prove his identity. All money was sent to various cryptocurrency addresses or platforms.

His house was raided

Romanian police raided the barber’s house twice on March 4th. 7 mobile devices, 3 laptops, 5 memory cards, 2 electronic wallets, and approximately 25 thousand dollars were seized along with the culprit.

- Advertisement -
Albert Brownhttps://thecryptobasic.com/
Albert Brown has obtained his master's degree in Stock Trading And Investing. His specialty is analyzing the price actions of crypto and stock markets. Albert provides a major role in TheCryptoBasic as a crypto analyst. He is also known for his work on Twinkle Magazine and TipRanks.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

The Graph to use Polygon for its billing system

Singapore, Singapore, 28th July, 2021, Polygon proof-of-stake (PoS) is an Ethereum scaling solution whose ecosystem attracts the brightest developers from all over the world....

Coca-Cola To Launch First-Ever NFT Collectibles

Coca-Cola and Tafi became partners as Tafi is designing virtual wearables for Coca-Cola's first-ever non-fungible token (NFT) collectibles to celebrate International Friendship Day on...

Binance CEO Aims To Make Binance Regulated Worldwide, Also Daily Withdrawal Limit For Binance Unverified Accounts Reduced And Binance Leverage Trading Limit Reduced

Changpeng Zhao, Binance CEO and Founder, stated that Binance will work with local regulators in order to establish Binance regional headquarters.

Utah Resident, A Dogecoin Fan Selling His Home For Crypto Offers a Generous 10% Discount only If He Is Paid In Doge

According to local TV station KUTV (Video Below), an American citizen from Utah joined the ranks of those selling their property for cryptocurrencies. Utah Resident,...

Panther Protocol Partners with Vegaswap

Midtown, Gibraltar, 27th July, 2021, Panther Protocol, the privacy protocol, has partnered with Vegaswap, the automated market maker (AMM) protocol with multichain support. Vegaswap is...

European Digital Identity: Talao Announces Professional Credential Solution

Paris, France, 27th July, 2021, Talao, a blockchain-based Digital Identity specialist for the Human Resource industry, today announced a professional credential application to transform...

Vechain CEO, Sunny Lu Interview By Fenbushi Capital, Sunny Lu Talks About Partners, Investors And The Three Historic Choices

VeChain CEO, Sunny Lu, was interviewed by Fenbushi Capital for their Distributed Entrepreneurship Column. Sunny talks partners (DNV, PwC), investors (Fenbushi, Fenchain), and the three...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.

follow us in feedly