Suspect In €10M Cryptocurrency Heist Arrested In UK

Law360 (January 23, 2019, 5:06 PM EST) -- British police backed by European authorities arrested a British man in Oxford on Wednesday who's thought to have stolen €10 million ($11.38 million) in cryptocurrency from unsuspecting victims who had turned to him for help. 

The European Union's police force, Europol, said Wednesday that police apprehended the 36-year-old man at an undisclosed address in the city on charges of fraud, theft and money laundering. His name was not released.

He's wanted in connection with a string of thefts of the IOTA cryptocurrency, a kind of digital currency stored online in wallets, from some 85 individuals beginning last January. 

Police said the man...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!