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Bulgaria Cryptocurrency Theft 5 Million

Bulgaria Cryptocurrency Theft 5 Million. According to the bulgaria ministry of interior, authorities had managed to seize $3 million worth of stolen cryptocurrencies, a hardware portfolio for storage of crypto data, as well as computers and flash drives. The bulgarian police force has arrested three men for orchestrating a cryptocurrency theft worth $5 million and local authorities have only succeeded in recovering $3 million from them, plus a car worth about $34,800, reported finance magnates on november 26, 2018.

Report Cryptocurrency Exchanges Lost 882 Million To Hackers
Report Cryptocurrency Exchanges Lost 882 Million To Hackers from dd80b675424c132b90b3-e48385e382d2e5d17821a5e1d8e4c86b.ssl.cf1.rackcdn.com
In august, two bulgarian men got arrested for stealing $1.5 million worth of electricity with a bitcoin mining operation in the small town of kyustendil. Bulgarian authorities have arrested two men for withdrawing more than $ 1.5 million of electricity to operate two cryptocurrency mining farms. One of the reasons hackers like cryptocurrency is you can steal a million dollars instantaneously, silver said. The crypto arena has always been wrought with theft, and virtual assets seem to attract some of the most malicious players in the industry. 14, two men were detained in kyustendil's small town connected with another massive theft of.

Bulgaria is no stranger to news related to illegal cryptocurrency mining operations.

Another cryptocurrency theft is in the books. The law enforcement in bulgaria managed to recover around $3 million of the crypto data, but the remaining $2 million are still nowhere to be found. The two are alleged to have operated the mining farms for six months, stealing over $1.5 million worth of electricity in that time. Click here to find out ⭐ three charged in bulgaria for $5 million cryptocurrency theft. After arresting them, the bulgarian police was able to get back $3 million usd in cryptos but $2 million were still lost. He says phone companies and cryptocurrency exchanges rarely make victims whole.

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