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Bank of Russia: up to $1 360 000 000 worth of cryptocurrency already stolen by cybercriminals this year

The first quarter of this year saw cryptocurrency holders losing as much as $1 360 000 000 to scammers, hackers and fictitious ICOs, as estimated by the Bank of Russia. This data was provided to TASS news agency by Alisa Melnikova, the Director of the Bank’s Financial Technology, Projects and Process Management Department.

According to the official, 22 cases of scams dealing with digital assets have already been detected this year. She reminded that $420 000 000 were stolen from the largest Japan-based Coincheck exchange alone in January.

This was the biggest cryptocurrency heist ever. Hackers managed to get away with $534 000 000 worth of NEM tokens. South Korean National Intelligence Service suspects cybercriminals from North Korea of pulling this off.

As reported earlier, the attackers have recently moved all stolen funds to unknown accounts.