Malaysian police have launched an investigation into a suspected cryptocurrency wallet hack after a man in Teluk Intan reported losing approximately RM12.47 million ($3.05 million) in digital assets through transactions he did not authorize.
Summary
- Malaysian police are investigating suspected unauthorized cryptocurrency transfers worth RM12.47 million, approximately $3.05 million reportedly.
- The victim discovered missing digital assets around 1 p.m. on October 9 in Teluk Intan.
- Perak police enlisted Bukit Aman commercial crime investigators to trace transfers across the relevant blockchain.
- Authorities opened an investigation under Section 420 of Malaysia’s Penal Code,…
