Three employees were sentenced for stealing others' virtual currency, with total profits exceeding 2.5 million
According to CoinDesk, on April 28, as reported by the web3 Radar public account, Hong, male, born in 1994, with a high school education, was the former deputy director of the Advanced Attack Research Institute of Qihoo 360. Zheng, male, born in 1991, with a college education, was the leader of the Weapons Group of the Advanced Offensive and Defensive Laboratory at 360 Company.
From February 9 to 20, 2023, Hong, in collusion with Yang and Zhang (both handled in separate cases), exploited the Yapi remote code execution vulnerability to gain access to the target virtual currency website. They then controlled the internal network servers through lateral penetration and implanting Trojans, located the server source code, and downloaded and analyzed the victim Su's virtual wallet address, private key, etc., constructing false commands to transfer the virtual currency from the victim's wallet address.
Subsequently, after exchanging it for other virtual currencies, they sold it, obtaining a total illegal gain of more than 2.5 million yuan. During this period, Zheng forged Dash coin signatures and broadcast transactions according to Hong's instructions, transferring 3015.9 Dash coins from the victim.
After being notified by the public security authorities, Hong initially refused to confess but later basically admitted to the aforementioned criminal facts. Zheng confessed openly after being notified by the public security authorities. Hong and Zheng have respectively refunded 962,790 yuan and 70,000 yuan.
1. Hong was convicted of theft and sentenced to three years in prison, with a four-year probation, and fined 50,000 yuan.
2. Zheng was convicted of theft and sentenced to three years in prison, with a three-year probation, and fined 50,000 yuan.
The illegal gains will be recovered.
Hong and Zheng must comply with laws and regulations in the community, obey the supervision and management of community correction agencies, accept education, complete community service, and be beneficial citizens to society.