Bitmain Files US Lawsuit Against Unknown Hacker Who Stole $5.5M in Crypto

Chinese crypto mining giant Bitmain is suing an unidentified hacker who allegedly stole over $5.5 million worth of Bitcoin (BTC) and other digital assets from the company’s Binance account earlier this year.

The lawsuit was filed with the US District Court for the Western District of Washington in Seattle on November 7. According to the court documents, the defendant, referred to as “John Doe” in the case, managed to access “a protected computer without authorization”, gained access to Bitmain’s Binance wallet, and stole approximately 617 Bitcoin. The unauthorized action took place on April 22, when BTC was trading at around $8,935.

The lawsuit further elaborated t…

This article appeared first on Cryptovest

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