Turkish police arrest suspects in $2.47 million crypto theft case

14 Feb, 2019
by David Robb
Turkish police arrest suspects in $2.47 million crypto theft case

Police in Turkey have made 24 arrests, all related to a major theft of cryptocurrency from a local company. Around $2.47 million worth of crypto was stolen, including XRP, ETH and BTC. 

Daily Sabah reports that the theft affected a crypto company based in Istanbul, which had two of its accounts hacked. A major national police operation was launched in order to catch the suspects, in the provinces of Istanbul, Ankara, Izmir, Afyonkarahisar, Bursa, Edirne, Bolu and Antalya, where home raids were carried out.

The theft was apparently co-ordinated via popular online multiplayer battle royale game PlayerUnknown's Battlegrounds (PUBG), which the thieves used to communicate with each other.

Read more: Crypto continues to grow in Turkey, trading volumes up over 30%The Cryptopia Hack Timeline: as it happened

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