Japan: 18 Year Old Charged for Stealing $100,000 in MonaCoin in Country’s First Crypto Theft Case48

Japanese authorities in the city of Utsunomiya have charged an 18-year-old for stealing crypto from Monappy, a digital wallet service for MonaCoin. The unnamed teenager was reportedly referred to prosecutors in what is the country’s first case of charges being brought against a cryptocurrency hacker.

Even though Japan has been at the forefront of crypto adoption, the country has yet to find and charge a hacker over cryptocurrency theft.

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