Ripple Wonders Why The SEC Has Not Come Up with Cryptocurrency Status Yet

The most outrageous crime involving cryptocurrencies happened in the People’s Republic of China. Almost $87 million (600 million Chinese yuan) in Bitcoin and altcoins were taken by the criminals after a hacker attack. The police have already detained three people supposedly involved in the crime.

According to the local news outlet, the first victim of the theft with the family name Zhang reached out to the Xian police back in March. He said that somebody had broken into his computer and stolen almost $15 million of digital assets. Three months later, the police was able to spot a suspect, Zhou. Two months later, the prosecutors managed to detect the remaining 2 hackers, Zhang, living in the province of Jilin and Cui, a citizen of Beijing.

The police keep working on the case, however, they claim to have struggled a lot. According to one of the police officers:

Our bureau has not dealt with this kind of case before. It’s the first virtual currency-related case in Shaanxi.

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