According to news from Deep Tide TechHlow on January 3, a man was reported by Xiamen Evening News to have stolen others' virtual currency and realized over 1.6 million yuan after incurring losses while helping a friend invest in futures. Recently, the Huli District Prosecutor's Office in Xiamen, China, reviewed and prosecuted this theft case.
In September 2021, the defendant Chen met the victim Hong through a friend. At that time, Hong had a strong interest in virtual currency investment, and Chen had some knowledge of it, so Hong entrusted Chen to help manage his virtual currency investments, providing his account and login password.
In June 2022, Chen incurred debts while helping a friend invest in futures and came up with the idea of stealing the virtual currency from Hong's account.
At the end of September 2022, Chen fabricated the story of a disconnection to deceive Hong into providing various verification codes, successfully changed the account's login password, and replaced the linked email with his own. At this point, Hong's account was under Chen's control.
After that, Chen repeatedly deceived Hong by claiming his account had disconnected and tricked him into providing real-time verification codes, continuously transferring the virtual currency from Hong's account to his own. He then quickly sold these virtual currencies for a profit of over 1.6 million yuan, using all of it to repay personal debts.
In May 2024, Chen voluntarily went to the police station to surrender and truthfully confessed to his crimes.
The Huli District Prosecutor's Office filed a public prosecution against Chen for theft. According to Article 264 of the Criminal Law, theft of public or private property, with particularly large amounts or other particularly serious circumstances, is punishable by more than ten years of fixed-term imprisonment or life imprisonment, and a fine or confiscation of property.