Post
Topic
Board Bitcoin Discussion
Re: Chinese Police Arrest Hackers Behind $87 Million Cryptocurrency Theft
by
peter0425
on 20/08/2018, 20:57:18 UTC
Bitcoin uses blockchain technology. How did the $87 million theft happen ??
It says in the article that the hackers has able to steal thru cyber-intrusion. So they gained un authorised access to the victims pc and perhaps got their private key and passwords.

Quote
A task force was set up and a preliminary investigation revealed that hackers had used remote hijacking techniques to gain access and control of cryptocurrency accounts belonging to the victim – only identified as Zhang – with nearly no footprints of the crime.

https://www.ccn.com/chinese-police-arrest-hackers-behind-87-million-cryptocurrency-theft/

At least the hackers have been caught and we all know how tough Chinese law is. This guy will be rotten in jail if found guilty.