RATE Group | Disgruntled Employee Stole Bitcoin from Japanese Project Vipstarcoin
76771
post-template-default,single,single-post,postid-76771,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Disgruntled Employee Stole Bitcoin from Japanese Project Vipstarcoin

23 Jan Disgruntled Employee Stole Bitcoin from Japanese Project Vipstarcoin

Posted at 13:45h in Bitcoin News by

[ad_1]

Two men have been arrested in Tokyo on suspicion of defrauding IT firm Vipstar Inc. from hundreds of thousands of dollars in Bitcoin (BTC), Mainichi reported on Jan. 23. One of the suspects is a former employee who used his access to steal money from a trading fund.

Yuto Onitsuka and Takuma Sasaki are accused of stealing 78 million yen (approximately $712,000) from Vipstar, a blockchain project. They are also suspected of committing computer fraud and contravening a government act on the control of criminal proceeds.

The police alleges that on Oct. 29, 2018, the suspects made 12 unauthorized entries in a trading account that was managed by Vipstar, which is reported to have held the company’s working capital. They transferred the funds to their own account.

Both suspects confessed, with Onitsuka citing disagreements with the company’s management policy that compelled him to “try and ruin the company.” The second suspect, Sasaki, allegedly claimed to have acted on Onitsuka’s…

[ad_2]

Source link

Tags:
, , , , , ,