$US60,000,000 of crypto-assets stolen from Swiss bank

$US60,000,000 of crypto-assets stolen from Swiss bank

July 18, 2021 Comments Off on $US60,000,000 of crypto-assets stolen from Swiss bank By admin

The $US6.3 million ($9 million) stolen from Switzerland’s Swiss National Bank (SNSB) was recovered after it was “stolen from a safe in a safe deposit box” in the United States, according to the Federal Bureau of Investigation (FBI) in a news release.

The bank said the theft occurred on September 1 and was committed by a person identified as a “local” from an apartment in the Chicago area, but the FBI has not publicly confirmed that identity.

“Investigators recovered approximately $US61,000 in cryptocurrencies, which include cryptocurrency-based assets, in the amount of $US1.3 billion,” the release said.

“The theft was committed on September 3, 2016, and it was not related to the SNSB’s US dollar-denominated operations.

The SNSP recovered the cryptocurrency funds from a vault in a financial institution in Chicago.”

The stolen cryptocurrency is valued at about $US4.2 million, according the FBI, which said it was the second largest stolen cryptocurrency in history.

It was not immediately clear what was stolen from the safe, which was found in a Chicago bank branch, but a note on the bank’s website said the safe was “not designed to contain a high level of crypto”.

“The safe contained a laptop, a credit card and other personal items that had been placed in the safe prior to its recovery,” the bank said.

“No credit card information was taken from the laptop, and the bank is continuing to investigate.”

In February, the FBI said it had “identified a group of cyber criminals who sought to commit criminal cyber-attacks against banks, financial institutions and other entities”.