Security· ★★· neutral·

Chinese police solve first crypto theft case in Bincheng: 1,300 USDC and NFTs stolen

  • —1,300 USDC and NFTs worth tens of thousands of yuan were stolen
  • —Police traced on-chain transactions and identified the wallets involved
  • —A prime suspect was arrested via police-industry cooperation
  • —The case is the first crypto theft probe in Bincheng
Why it matters: Chinese authorities are increasingly investigating crypto thefts, raising risks for criminals and signaling growing legal recognition of digital assets.
Source: PANews