How thieves manage to steal cryptocurrency


Bitcoin and other cryptocurrencies are bought, sold and stored on exchanges, just like commodities in the non-virtual world. But crypto investors, and those who organise exchanges, often object to centralised control and reject stringent oversight – and that sometimes leads to lax security. — Reuters

PARIS: US officials announced on Feb 8 they had recovered US$3.6bil (RM15.06bil) of bitcoin stolen in a 2016, throwing a light on the scams that surround cryptocurrency.

But how exactly do criminals steal in the virtual world?

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