Saturday, January 23, 2021
  • Contact Us
  • Privacy Policy
FIND CRYPTO NEWS
Advertisement
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading
No Result
View All Result
FindCryptoNews.com
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading
No Result
View All Result
FindCryptoNews.com
No Result
View All Result
Home Regulation

Malaysian Court Fines Local Actor for Role in $50K Cryptocurrency Theft

July 12, 2020
in Regulation
2 min read
Malaysian Court Fines Local Actor for Role in $50K Cryptocurrency Theft
585
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

/latest/2020/07/malaysian-court-fines-local-actor-for-role-in-50k-cryptocurrency-theft/

Malaysian Court Fines Local Actor for Role in $50,000 Cryptocurrency Theft

malaysian-court-fines-local-actor-for-role-in-50k-cryptocurrency-theft

  • The Malaysian courts charged local actor Mas Khan with two counts of stealing and a fine of $4000 or 26 months in jail.
  • Khan was accused of stealing nearly $50,000 in crypto-assets from his producer. 





A Malaysian court has fined popular local actor Mas Khan for his role in stealing nearly $50,000 worth of cryptoassets from his producer. 

According to a report by Malay Mail on July 8, Khan was charged with two counts of stealing and a fine of $4,000, or potentially 26 months in jail, for the theft of $50,000 in cryptocurrency from his producer, Datuk A. Aida.

The report claims Khan gained access to the victim’s private keys and stole from the digital wallet on two separate occasions, pilfering $14,000 before emptying the wallet of nearly $36,000. While the report fails to specify what crypto-asset was stolen, both thefts took place on the morning of March 7, 2019 in an upmarket suburb of Taman Ukay Perdana near Kuala Lumpur. 


Khan was sentenced by Magistrate Farah Nasihah after changing his plea to guilty during the third meeting of the case. The accused’s lawyer originally sought a minimum fine on the grounds that his client had been cooperative with authorities since the investigation began. 

However, the report claims Deputy Public Prosecutor Nur Intan Syakieraah Zakaria called for harsher sentencing, given the extensive value of the property that was taken from the victim. 

Featured Image Credit: Photo via Pixabay.com

You might also like

XRP Token Holders to Receive Second Token Airdrop from Flare Finance

MicroStrategy Uses Bitcoin Price Dip to Add More BTC to its Billion-Dollar Treasury

Crypto ETP Assets Under Management Grow 95% as Institutional Demand Grows

Credit: Source link

Previous Post

Elon Musk Seventh Richest Billionaire Owns Only 0.25 Bitcoin (BTC) Not for the Rich

Next Post

Tether USDT Blacklisted and Froze Accounts Defeating the Very Ethos of Bitcoin

Related Posts

‘Airdrop Madness’: Crypto Trader Asks Investors to Keep an Eye out for Free Tokens
Regulation

XRP Token Holders to Receive Second Token Airdrop from Flare Finance

January 22, 2021
Peter Schiff Denies Companies Selling Gold for Bitcoin
Regulation

MicroStrategy Uses Bitcoin Price Dip to Add More BTC to its Billion-Dollar Treasury

January 22, 2021
Crypto ETP Assets Under Management Grow 95% as Institutional Demand Grows
Regulation

Crypto ETP Assets Under Management Grow 95% as Institutional Demand Grows

January 22, 2021
What Biden’s Pick for Treasury Secretary Has Said About Bitcoin and Blockchain
Regulation

Janet Yellen Writes: It’s ‘Important We Consider the Benefits of Cryptocurrencies’

January 22, 2021
Skype Co-Founder Holds Wealth in Bitcoin and Ethereum
Regulation

Bitcoin’s Reputation Is a ‘Risk Premium’ That Could Pay off, Says Ruffer Investment

January 22, 2021
Next Post
Tether USDT Blacklisted and Froze Accounts Defeating the Very Ethos of Bitcoin

Tether USDT Blacklisted and Froze Accounts Defeating the Very Ethos of Bitcoin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

What’s Fueling the Kyber Network and Synthetix Surge?

What’s Fueling the Kyber Network and Synthetix Surge?

July 6, 2020
Ethereum, XRP, and Litecoin Stagnant, Investors Fear Steeper Decline

OmiseGo Signals Massive Bearish Impulse After Coinbase Listing

May 28, 2020

Don't miss it

Bitcoin Traders Expect Volatility as Options Expire
Analysis

Bitcoin Traders Expect Volatility as Options Expire

January 22, 2021
‘Airdrop Madness’: Crypto Trader Asks Investors to Keep an Eye out for Free Tokens
Regulation

XRP Token Holders to Receive Second Token Airdrop from Flare Finance

January 22, 2021
Bitcoin Rallies Towards $24,000 as Market-Wide Uptrend Continues
Bitcoin

Bitcoin Posts Massive Overnight Rebound, But Bulls Aren’t in the Clear Yet

January 22, 2021
Peter Schiff Denies Companies Selling Gold for Bitcoin
Regulation

MicroStrategy Uses Bitcoin Price Dip to Add More BTC to its Billion-Dollar Treasury

January 22, 2021
Lost And Found: Man Recovers Bitcoin From Hard Drive Burned In A Fire
Bitcoin

Lost And Found: Man Recovers Bitcoin From Hard Drive Burned In A Fire

January 22, 2021
Bitcoin (BTC) Keeps Traveling from Weak Holders to Strong Holders
Crypto News

Bitcoin (BTC) Keeps Traveling from Weak Holders to Strong Holders

January 22, 2021
FindCryptoNews.com

FindCryptoNews is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!

Recent News

Bitcoin Traders Expect Volatility as Options Expire

Bitcoin Traders Expect Volatility as Options Expire

January 22, 2021
‘Airdrop Madness’: Crypto Trader Asks Investors to Keep an Eye out for Free Tokens

XRP Token Holders to Receive Second Token Airdrop from Flare Finance

January 22, 2021

Subscribe Now

Loading

© 2020 FindCryptoNews.com - All rights reserved!

No Result
View All Result
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading

© 2020 FindCryptoNews.com - All rights reserved!

  • bitcoinBitcoin(BTC)$32,525.002.35%
  • ethereumEthereum(ETH)$1,243.234.95%
  • tetherTether(USDT)$1.00-0.06%
  • rippleXRP(XRP)$0.2765521.89%
  • cardanoCardano(ADA)$0.3480466.98%
  • litecoinLitecoin(LTC)$140.152.27%
  • bitcoin-cashBitcoin Cash(BCH)$432.752.27%
  • stellarStellar(XLM)$0.2729653.55%
  • eosEOS(EOS)$2.641.77%
  • moneroMonero(XMR)$138.054.09%
  • tronTRON(TRX)$0.0286812.82%
  • nemNEM(XEM)$0.2173762.46%
  • neoNEO(NEO)$23.873.79%
  • iotaIOTA(MIOTA)$0.4615176.12%
  • dashDash(DASH)$106.668.06%
  • ethereum-classicEthereum Classic(ETC)$7.524.84%