Scheme of the century. Europol has arrested a hacker for stealing IOTA for 10 million euros

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2019-01-25 02:15:07

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Scheme of the century. Europol has arrested a hacker for stealing IOTA for 10 million euros Source:

The 36-year-old hacker was arrested by the police South-East of the regional units for combating organized crime UK (SEROCU). According to sources, a suspect in the theft amounting to more than 10 million euros (11.4 million dollars) was identified by German police of Hessen. Europol is established that the attacker used a malicious generator seeds iotaseed.io. He had access to the wallets of users within six months, beginning in August 2017. 19 January 2018, the hacker was seen at the time authorization in your wallet and unauthorized transfer of funds.

The Hacker sent users to iotaseed.io to generate random unique 81-character keys for wallets IOTA. This is done under the pretext of helping within the community of IOTA. He even created a repository in GitHub and presumably posted there source code iotaseed.io, being sure that most users will never test it. In the end iotaseed.io just generate light LEDs that hacker collected within six months.

Having Collected a sufficient base Norbertvdberg began to act. 19 January 2018, he managed to log in in 85 different wallets, and stole thence the tokens IOTA in excess of 10 million euros. In the course of the theft he even organized a DDoS attack on IOTA that employees of a startup have not noticed some suspicious transactions on the background of the surge load on the network.

According to the CoinGape several German users wrote statements to the police of Hessen. The investigation began in cooperation with the National Agency for UK the fight against crime, as well as through Europol. Although the hacker tried to cover their tracks by deleting accounts with Reddit, Quora and GitHub, law enforcement was able to assign his identity.

Most Likely, after the arrest of the hacker will be extradited to Germany for trial on charges of fraud, theft and . More data to search for .

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