[ad_1]
The famous mining giant, Bitmain, has sued an anonymous hacker for the loss of $ 5.5 million BTC.
Bitcoin (BTC) Price today – BTC / USD
The company works with the creation of specialized mining equipment. He filed a lawsuit against some strangers after the company's bill was hacked and some funds were stolen.
The mining company seeks justice
Cryptographic exchange hacks have become more common in recent times. In many cases, individual users have been affected. From time to time, companies associated with projects and companies can be abused. Because of this intrusion, the mining giant has lost up to 617 bitcoins. This equates to around $ 5.5 million when the theft has been done.
The stolen funds were probably not converted into US dollars. The lawsuit states that the funds have been transferred to the Bittrex Exchange. This platform may have been used by hackers to inflate the price of the unpopular altar, Mana. Currently there is no evidence that this is an attempt to money laundering or a nefarious activity. The transparent nature of bitcoins makes it much easier to track down the destinations or origins of certain transactions.
For some unknown reasons, the Binance account hacker has not completely emptied the account. Rather, the person left more than 200 Bitcoins in Bitmain's account. It is not yet clear why this was done this way. The mining giant claims that the hacker intended to defraud the company and plan to cause damage to the company.
Monitoring of the true culprit
It may be difficult to track down the real culprit. However, the case was established for another reason. The lawsuit was officially presented against "John Doe". This implies that the company and its legal representatives do not know the identity of the guilty party. The deposit was made in Washington for specific reasons. Bittrex, an exchange involved in the hack is based in Washington.
Considering the fact that the identity of the hacker is unknown, the result of the case is under discussion. The main purpose of the company is to discover the identity of the individual responsible for the financial loss. It is difficult to predict if the adoption of this action will help in the case. It is sad to see a prominent brand fall victim to account problems.
The cause comes after another deposit related to cryptography. Many cryptocurrency investors have filed charges against two US telephone operators on some SIM exchange cases. At this point, it is likely that further judicial proceedings will follow considering how hacker exchanges are common. However, it is not clear how this will affect traders in the near future.
