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The Anti-Money Laundering Authority has taken a big step in a posh investigation involving stolen cryptocurrency, marking the primary time in Greece that crypto property have been frozen and recognized as proceeds of crime.
The case has drawn worldwide consideration, with the US Federal Bureau of Investigation (FBI) issuing a public alert confirming the freezing of suspicious digital property.
The investigation started final month when the Authority obtained details about a suspicious transaction involving a registered person on a Greek-based cryptocurrency alternate platform.
Additional checks revealed that the person’s Ethereum pockets had obtained a considerable amount of digital foreign money, which was later traced again to a significant worldwide theft.
The funds originated from the Bybit hack, disclosed in February, in which hackers stole roughly $1.5 billion value of Ethereum – the most important theft of its type up to now. This incident surpassed the 2022 Ronin Community breach, in which $620 million in Ethereum and USD Coin have been stolen.
Following the evaluation, the Authority issued a Seizure Order for the pockets and the crypto property it contained. The related documentation has been forwarded to the Prosecutorial Authority for additional investigation.
