Sony Life

What happened

Ishii, an employee of Tokyo Sony Life Insurance Company ("Sony Life"), allegedly misappropriated US$154 million when attempting to transfer funds between the company’s financial accounts. According to court documents, Ishii changed the transfer address of a Sony Life transaction to Silvergate bank account that you control. Ishii later converted funds into more than 3879 bitcoins through Coinbase. The Coinbase set up to automatically transfer all added funds to an offline cryptocurrency cold wallet with the bitcoin address [address]. However, on December 1, after cooperating with Japanese law enforcement agencies, the FBI seized 3789.16242937 BTC in Ishii's wallet after obtaining the private key. The Tokyo Metropolitan Police Department arrested the 32-year-old Ishii on the same day and alleged In mid-May, he was charged with a fraudulent remittance of 154 million U.S. dollars.

Details

Date

May 15, 2021

Kind

Fraud

Method

Insider Manipulation

How in

Insiders: rug pulls, frauds, collapses

Target

not stated

Chains

not stated

After the theft

Recovered or seized

yes, amount not stated
“However, on December 1, after cooperating with Japanese law enforcement agencies, the FBI seized 3789.16242937 BTC in Ishii's wallet after obtaining the private key.” (SlowMist Hacked)

Reported by

• SlowMist Hacked ↗

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