How an 18-Year-Old Hacker Stole Millions of Yen from a Crypto Project

How an 18-Year-Old Hacker Stole Millions of Yen from a Crypto Project


According to local publications, an 18-year-old hacker stole 15 million yen, which is equivalent to $134,640, worth of a crypto asset called Monacoin. On Monappy, a platform that enabled Monacoin users to store their funds, the hacker initiated a large number of transactions in a short period of time to overload the system. Between August 14 and September 1, the hacker reportedly stole funds from 7,700 users. Why Did the Teenager Hack into a Crypto Platform? JapanToday reported that the hacker told the police he initiated a series of hacking attacks against the platform because he “felt like I’d found

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Posted by Joseph Young on March 15, 2019 @ https://www.ccn.com/how-an-18-year-old-hacker-stole-millions-of-yen-from-a-crypto-project

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