The London High Court has ordered 6 foreign exchanges, including giant exchanges such as Binance and Coinbase, to share user data with a UK-based cryptocurrency exchange.
According to the Financial Times (FT) report London High Court by 29 November In a decision made on , stolen from a UK-based cryptocurrency exchange in 2020 10.7 million where the attacker’s account can be traced so that dollar-valued assets can be traced. 6 crypto exchanges He was ordered to share user data.
the attacker Binance, Coinbase, Luno and Kraken in total, such as of your 26 accounts reported to be. Court exchanges, subject to some adjustments users’ names, bank accounts and card information. asked to share customer information, including Judge, follow the traces without getting lost expressed the need.
It was learned that the UK-based stock market was hacked in 2020. Although the exchange initially sought help from the country’s law enforcement, experts in crypto monitoring were recruited after law enforcement failed to investigate the incident. As a result of intensive research, experts reached a total of 26 accounts in 6 exchanges. Also, so that the attackers do not realize that they are being chased. The name of the exchange was kept confidential.
For the decision, the court used new laws that allow British judges to order foreign companies to hand over relevant documents and information. Lawyer representing the UK-based stock market Syed Rahmanstated that the case is a big step in the fight against those who try to make the stolen assets inaccessible by moving them across the border.