Venezuelan CICPC Arrested Suspects In $2 Billion BTC Hack: Report

Venezuelan CICPC Arrested two individual suspects who allegedly hacked servers of a local crypto exchange and managed to steal about 101 Bitcoin, as we are reading more about it in the latest Bitcoin news today.

Venezuelan traders are facing quite a lot these days, starting from US government sanctions to hackers that are stealing their money. Thankfully, the Scientific, Criminal, and Criminalistic Investigations Corps, or Venezuelan CICPC, arrested two suspects that allegedly stole $2 billion in BTC. The government agency announced the arrest of the individuals who managed to penetrate into the servers of the crypto trading platform in the country and steal 101 BTC, worth over $1.9 million. Jose Manual Osorio Mendoza who is 33, and Kelvin Jonathan Diaz who is 34, are accused of breaking into the servers of the Bancar Exchange, one of the few exchanges that operate in the country.

They bypassed the security of the local crypto exchange and proceeded to make BTC and fiat transfers to different accounts that were associated with them. The hackers used obfuscation protocols while trying to cover their tracks but the police were still able to trace the theft to the Proinsa company but it is still unclear what was the connection of the suspects to the company.

Speaking of Venezuela, we recently reported that thanks to the endless number of economic sanctions imposed on Venezuela by the United States and also the many terrible policies imposed by the Venezuelan government, the people started to love Bitcoin as well as other cryptocurrencies. This is why, this week, Pizza Hut, one of the oldest pizza chains in the country started accepting Bitcoin and other crypto-assets as a payment method. Pizza Hut’s customers can now choose to pay for their orders with cryptocurrency which would be the first time ever for a franchise to start accepting any kind of crypto payments.

Thanks to Crypto Buyer, Pizza Hut will join the growing list of companies that started accepting cryptocurrencies as a way to improve their finances. Other Venezuela corporations embarked on the BTC trading like Traki, which is the biggest department store in the country that created a division for cryptocurrencies but was also the first store to accept the official crypto of Venezuela, the Petro, and the first big store to accept crypto assets.