As per the latest reports, the Spanish Court has issued an order for the Spanish police to investigate a cryptocurrency case. The order has been directed towards a division within the Spanish police department. The division has been tasked with conducting an investigation on one of the cryptocurrency exchanges.
According to reports, the exchange that will undergo investigation from the Spanish police division is Bittrex. The investigation will be carried out against the Bittrex exchange after allegations that the Bittrex platform is involved in potential computer fraud.
The investigation against the exchange has been launched after a complaint filed by an exchange user. The sources have revealed that the user is a resident from Tenerife who has claimed that he ended up losing BTC as a result of the computer fraud.
The plaintiff has claimed that as a result of the computer fraud, he ended up losing 1.3 Bitcoin (BTC). At the time of publishing, the 1.3 BTC figure translates into $63.6k. According to the claimant, the reported volume of bitcoin (BTC) was present in his exchange wallet when they were stolen.
One of the local media sources has covered the entire incident in one of the documentaries around the incident. According to the claimant, the problem with his account started when he found out that he was unable to access his exchange account.
According to the claimant, he made several attempts to gain access to his account but none of them were successful. As he was not able to gain access despite several attempts, he decided to try and log back in after some time.
Hours later when he attempted to log in again, he was finally successful in accessing his account. To his shock, the 1.3 BTC funds he had available in his account were all gone and the account was empty. The plaintiff claimed that he had tried logging into his account again after 48 hours.
The claimant stated that the first thing he did after the incident contacted the customer support at Bittrex. He had hoped that he will be provided with support by the Bittrex team but all they did was confirm to him that it was a possible cyber-hack attempt made on his account.
Despite telling him about the cyber-hack, the customer support team at Bittrex did not provide him with further assistance.
Following the above claims made by the plaintiff and him taking the case to court, the Spanish Court has ordered the authorities to look into the matter and find the thief or thieves behind the incident. Furthermore, the Spanish Court has also instructed the insurance company from Bittrex to coordinate with the Spanish investigation division on the matter.