China’s biggest ever bitcoin hacking case sees three held over theft of US$87 million in cryptocurrency

Alice Yan reports:

Three men have been detained on suspicion of hacking into computers and stealing about 600 million yuan (US$87 million) worth of virtual currency, police in northwest China said.

The case is the highest value cryptocurrency criminal investigation in China so far, officers in Xian told Huashang News on Saturday.

The police started investigating the case in March when a man from the city complained his computer had been hacked and 100 million yuan in bitcoin and ethereum had been stolen.

Read more on South China Morning Post.

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