Sections
Log in
Top News
U.S. News World News Featured Voices
Odd News
Entertainment
Movies Music TV
Sports
Soccer NFL NBA MLB NHL Golf Horse Racing Tennis Col. Football Col. Basketball
Photos
News Entertainment Sports Features Archives
More...
Defense Featured Science Health Archive Almanac
About Feedback
About Feedback
Search
Trending
National emergency
Jussie Smollett
Catholic abuse
Venezuela
Valentine's turnips
India
Baby death
'Domestic terrorist'
Largest jeans
Tanner crabs
Ralph Northam
World News
Nov. 6, 2018 / 1:36 PM

$60M Japan cryptocurrency heist suspects located in France, Germany

By
Elizabeth Shim
A Japanese cryptocurrency exchange hacked in September has located suspects with the help of local cybersecurity teams. File Photo by Miguel Gutierrez/EPA-EFE

Nov. 6 (UPI) -- Hackers who robbed a Japanese cryptocurrency exchange in September may have infiltrated the site from locations in France and Germany.

Japan Digital Design, a subsidiary of Mitsubishi UFJ Financial Group, said the hackers who stole $60 million from Zaif were trying to send MonaCoin, a cryptocurrency, to a different account, when their Internet Protocol or IP addresses, were uncovered.

The IP addresses of the suspects were identified from Oct. 20-22, about a month after the cryptocurrency went missing from Zaif.

The hackers made five illicit transactions, and four out of the five transfers took place in France and only one took place at a German location.

Japanese police are investigating the cyberattacks with local authorities in Europe, according to multiple Japanese news reports.

Japan Digital Design worked with cybersecurity firms EL Plus and TokyoWestern to find the suspects' addresses.

JDD said this week past incidents of cyberattacks had produced no leads, but the latest case will make it easier to identify criminals and strengthen network security.

Cryptocurrency is gaining more acceptance in Japan, the world's third-largest economy.

Bloomberg reported Sunday energy consulting firm Remixpoint is collaborating with a local limousine company to allow passengers to use digital currencies for rides.

The rides will take place on a trial basis in Tokyo and the city's nearby airports, according to the report.

Read More

Air Force conducts F-35 deployment exercises as operations ramp up Japan prepares to sue South Korea at WTO over shipbuilding Crude oil prices mixed as bearishness drags on
Follow us on Facebook, Twitter and Instagram for more UPI news and photos.

Trending Stories

Nancy Pelosi urges lawmakers to end border 'emergency' with resolution
Jussie Smollett charged with filing false police report
Iowa woman sentenced to life in prison for son's diaper rash death
Meth worth $12.7M seized in strawberry shipment at border
Venezuela leader Guaido gives military 3 days to switch sides

Photo Gallery

 
Beijing celebrates annual Lantern Festival

Latest News

Annual 'firefall' illusion returns to Yosemite
Kentucky's Reid Travis to miss at least two weeks with knee sprain
Chicago Blackhawks' Patrick Kane nets OT winner vs. Red Wings
Thousands of Oakland teachers picket in latest U.S. education walkout
Mark Consuelos split from Kelly Ripa days before marriage
 
Back to Article
/
Back to top
About UPI Contact Feedback Advertisements Submit News Tips
Copyright © 2019 United Press International, Inc. All Rights Reserved.
Terms of UsePrivacy Policy