Law Enforcement Arrests Suspects in $14.4M Holograph Heist
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
After a two-month international investigation, law enforcement agencies have successfully apprehended multiple suspects involved in the Holograph hack, which occurred on June 13th, 2024.
The hack resulted in the theft of approximately $14.4 million worth of HLG tokens, leading to significant market disruptions.
The arrests were made in Italy through a coordinated effort involving France’s Office for the Prevention of Cybercrime (OFAC), the Italian Directorate of Anti-Mafia Investigations, Europol, and the Royal Cayman Islands Police Service (RCIPS).
The suspects, awaiting extradition to France, are believed to be responsible for the Holograph’s crypto thefts. French authorities have yet to disclose the suspects’ identities as the investigation is ongoing.
The arrests mark a critical juncture in the ongoing investigation into the Holograph hack.
The suspects’ apprehension followed a relentless pursuit by law enforcement agencies in multiple countries. The case has now become more complex and international in nature.
Significant assets and electronic equipment related to the hack have been frozen and seized as part of the arrests, potentially leading to the partial recovery of the stolen funds.
The suspects, whose identities remain confidential due to legal restrictions in France, were apprehended in Italy with the support of French authorities.
According to La Parisien, the suspects are expected to be extradited to France in the coming week, where they will face charges related to the cyberattack.
The French Office for the Prevention
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