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Perak Man Loses About $3.05 Million in Suspected Crypto Wallet Hack

A man in Malaysia’s Perak state lost about $3.05 million in crypto assets after discovering unauthorized transfers Oct. 9, with investigators tracing the funds through blockchain networks.

www.tokenpost.com

Publisher

Oct 11, 2026 at 12:11 AM UTC · Updated vor 5 Tagen · 1 Min. Lesezeit

Perak Man Loses About $3.05 Million in Suspected Crypto Wallet Hack
Image via www.tokenpost.com

Key Signal

$3.05M crypto assets reportedly lost

Last Updated

vor 5 Tagen

A man in Malaysia’s Perak state lost about $3.05 million in crypto assets after discovering unauthorized transfers Oct. 9, with investigators tracing the funds through blockchain networks.

The assets were valued at approximately 12.47 million ringgit. Initial findings showed that the transactions moved through blockchain networks.

The Commercial Crime Investigation Department’s cryptocurrency unit is working to trace the funds and identify those involved. The case is being investigated under Section 420 of Malaysia’s Penal Code, which covers cheating.

The specific attack method has not been disclosed.

Why this matters

The suspected theft involves roughly $3.05 million in crypto assets and is under investigation by Malaysia’s commercial-crime cryptocurrency unit. The case could underscore the difficulty of tracing unauthorized on-chain transfers and may inform future enforcement or wallet-security scrutiny in the region.

#crypto

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Originally reported by www.tokenpost.com

NewsLayer coverage based on externally reported material.

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