The cybercrime department in Tokyo arrested an 18-year-old criminal who stole 94 thousand Monacoin worth more than 134 thousand dollars. It is assumed that he was involved in the cracking of Monappy, where users kept the Monacoin cryptocurrency.
He found a vulnerability in the infrastructure of the website and took advantage of it. The attacker knew that the system would malfunction if the transfers were repeated in a short period of time. More than 7700 clients suffered from hacking the site. Now the operator will have to return the lost funds to them.
The MPD Cybercrime Division stated that this is the first such case in Japan that will be prosecuted. It is known that the suspect has already admitted his guilt. He noted that he had found a "trick that no one knew about."
“I knew what I was doing wrong, but it was nice to see how the balance of my account was growing,” he said. In particular, for the money received by illegal means, the boy bought a smartphone.
