{
  "id": 13300732,
  "title": "RM12.47mil in cryptocurrency stolen from man's digital wallet",
  "url": "https://urgent.news/2026/10/10/rm12-47mil-in-cryptocurrency-stolen-from-mans-digital-wallet",
  "topic": "world",
  "section": "World",
  "published": "2026-10-10T02:29:36.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/news/nation/2026/10/1552187/rm1247mil-cryptocurrency-stolen-mans-digital-wallet"
  },
  "original_language": "en",
  "account": "IPOH, Perak - A 38-year-old man has lost RM12.47 million worth of cryptocurrency from his digital wallet, according to Perak police. The victim only realized the theft while he was in Teluk Intan around 1pm yesterday. Initial findings reveal that the illicit transfer occurred via a blockchain network. Police are working alongside the Commercial Crime Investigation Department's Cryptocurrency Unit at Bukit Aman to identify those responsible and trace the transactions. The case will be handled under Section 420 of the Penal Code, which stipulates a penalty ranging from one to ten years in prison, along with whipping and a fine. The police have advised the public, particularly those using cryptocurrencies and digital wallets, to stay vigilant against phishing attempts and online scams. They should avoid clicking on suspicious links and sharing sensitive information such as recovery phrases, private keys, or passwords. Regularly checking transaction records and keeping savings wallets separate from daily-use wallets are also recommended. If users suspect their accounts have been compromised, they should immediately cease using the affected device, preserve digital evidence, contact the platform provider via official channels, and file a police report.",
  "summary": "IPOH: A 38-year-old man has suffered losses of RM12.47 million after his cryptocurrency assets were transferred from his digital wallet without his knowledge or authorisation.",
  "key_points": [
    "38-year-old man loses RM12.47 million in crypto wallet theft",
    "Illicit transfer via blockchain network, police investigating",
    "Police advise vigilance against phishing and online scams"
  ],
  "editors_take": "The theft highlights the need for cryptocurrency users to be vigilant against online scams and phishing attempts, and to take precautions such as securing sensitive information and regularly checking transaction records.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}