Kirkpatrick wouldn't say the exact age or gender of the youth, or the username that youth bought. He also didn't say whether the youth was acting alone, saying the case is currently in Hamilton court.
But he said investigators cracked the case after the name was purchased on the gaming network.
Police said it's the largest individual cryptocurrency theft from one person that's ever been reported in North America.
"If you use the normal banking system, then the banks are regulated. You can say, 'I didn't mean to do that transaction.' You can contact that bank, get the money back. There is centralization. There is control over it. There's none of that in crypto.
"There are absolutely zero safeguards to give you the possibility to say, 'Oops.'"
LMAO, I hope they don't get more of the money back.
LMAO, I hope they don't get more of the money back.
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