In Japan, an 18-year-old was charged with stealing $134,000 (¥15 million) worth of cryptocurrency, marking the first time local authorities have succeeded in nabbing a hacker for pilfering digital assets. The Tokyo police department’s cybercrime division identified its suspect for illegally withdrawing virtual currency from Monappy, a cryptocurrency-infused social media platform, reports JapanTimes. The man later admitted to repeatedly hacking the Monappy service between August and September last year, which caused it to pay out cryptocurrency illegitimately. An internal Monappy investigation discovered he had applied for roughly 8,200 “Monacoin” remittances using special “gift codes,” which caused around 640 incorrect transfers to execute. In total, 97,000 Monacoins…

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