{"id":67135,"date":"2022-09-14T13:12:56","date_gmt":"2022-09-14T10:12:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67135"},"modified":"2025-09-07T05:02:38","modified_gmt":"2025-09-07T02:02:38","slug":"dutch-police-arrest-suspect-over-fraud-involving-electrum-bitcoin-wallet","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/dutch-police-arrest-suspect-over-fraud-involving-electrum-bitcoin-wallet\/","title":{"rendered":"Dutch police arrest suspect over fraud involving Electrum Bitcoin wallet"},"content":{"rendered":"

Dutch police arrested a 39-year-old man on suspicion of laundering funds stolen through a malicious update of the Electrum cryptocurrency wallet.<\/p>\n

According to the \u0437\u0430\u044f\u0432\u043b\u0435\u043d\u0438\u044e<\/a>, the suspect laundered “tens of millions of euros”. He was traced through Bitcoin transactions.<\/p>\n

According to law enforcement, he first transferred cryptocurrency into the privacy-focused coin Monero<\/a> (and back), using the decentralized platform Bisq.\u00a0\u00a0<\/p>\n

\n

“Cryptocurrency, like ordinary money, is vulnerable to all kinds of crime. In particular, the anonymity and cross-border nature of digital assets provides opportunities for criminals. They can obtain them, for example, through extortion, hacking or fraud,” \u2014 the police said.<\/p>\n<\/blockquote>\n

The man was arrested on 6 September in the town of Veenendaal in the province of Utrecht. On 8 September he was released, but remains under investigation.<\/p>\n

During a search of the suspect, authorities seized several electronic storage devices and an unspecified amount of cryptocurrency.<\/p>\n

In 2020, ZDNet researchers found that cybercriminals stole at least 1,980 BTC using a fraudulent Electrum update.<\/p>\n

One user said he lost 1,400 BTC in a scam of a similar kind.<\/p>\n

Follow ForkLog’s Bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dutch police arrested a 39-year-old man on suspicion of laundering funds stolen through a malicious Electrum wallet update.<\/p>\n","protected":false},"author":1,"featured_media":67136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1909],"class_list":["post-67135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-electrum"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=67135"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67135\/revisions"}],"predecessor-version":[{"id":67137,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67135\/revisions\/67137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/67136"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=67135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=67135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=67135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}