Criminals steal Bitcoin worth 36 million euros from police in Rhineland-Palatinate

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Even the police are apparently not prepared for crypto-scammers. Like the online portal heise.de reported last week, criminals have stolen Bitcoin tokens worth € 36 million from the police of Rhineland-Palatinate.

757 Bitcoin Tokens from Chemical Love

According to information from heise.de if the stolen goods are a Bitcoin wallet with 757 digital tokens. The police had originally collected this in 2016 as part of an investigation into an online marketplace for drugs. At the time, the case was known as a blow against the Darknet platform Chemical Love. At the time, the prime suspect was sentenced to 15 years in prison. In addition, he was required to pay a penalty of € 1.5 million.

Originally, the justice intended to get this amount directly from the gangster’s wallet. However, after this password was protected, the officials could not access the digital assets. All Attempts to crack the digital wallet failed accordingly. Now apparently hackers have managed what the police did not succeed. The Koblenz state attorney General confirmed heise.de that already at 1. In March 2017, around 265 Bitcoins were withdrawn. At the end of 2019, a further 489 digital coins were transferred.

Investigation continues

Where the Bitcoin tokens have gone is unknown. The prosecutor did not disclose more detailed information, as an investigation was still underway.

For a long time, Bitcoin was a popular means of payment for criminal actors through relatively anonymous payments. Meanwhile, it is above all law enforcement authorities however possible to at least track transaction activities. This is because all transfers are fixed in the blockchain. Even if the respective BTC addresses remain anonymous, at least wallet providers and crypto platforms are now legally required to obtain the information of their users.