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Author Topic: [2017-12-27]Police Arrest Suspect For 20 Million CNY Bitcoin Theft Case  (Read 102 times)
hl5460 (OP)
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December 27, 2017, 09:43:04 AM
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December 23 2017, according to a CCTV report, Chinese police has arrested a senior programmer for stealing up to 20 million CNY worth of bitcoin. On July 27 2017, Zhongyuan Oilfield Police Department of Henan Province received a theft report from Mr. Wu, who claimed that he had lost 3.34million worth of bitcoin. As a professional investor, Wu has been investing in Bitcoin since 2016. In early 2017, he was invited to join a WeChat group of bitcoin investors.


 NEWS.8BTC.COM http://news.8btc.com/police-arrest-suspect-for-20-million-cny-theft-case-in-shanghai

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December 27, 2017, 05:08:49 PM
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Interesting case!

I wonder how they came up with the findings of the case, though, considering that Bitcoin transactions are heavily encrypted. Hence, how can they even conduct investigations? Did they utilize the blockchain technology to gather data or are there other things behind it?

Nonetheless, I think this case will be heavily reviewed later on because of its pioneering character worth revisiting all over again. 
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