In the last one year, there has been a lot of cases of Cryptocurrency Hack. Due to this, a large number of users are not investing in Cryptocurrency. Recently, an allegation has been filed against Afek Zard in Israel for the charged theft of 74.990.74 Dash (around $9 million), as per the reports shared by media outlet News1 on April 18.

According to the reports, the total number of coins stolen is equal to over 0.85% of Overall circulating supply of Dash. As per reports shared by News1, victim Alexei Yaromenko was mainly an early Cryptocurrency Investor who has collected crypto assets from 2013.

Yaromenko continuously taught Zard about Cryptocurrencies and was trading cryptocurrencies before the whole theft incident took place. According to the allegation, a document filed by the attorney Giora Hazan, Zard consists key to the Yaromenko's apartment and had also access to Yaromenko's residence in his absence.

Based on the report, Coins were there in the Yaromenko's wallet until March 1, at the time the price of Dash was $82.5 per unit. The public prosecutors assure that during the start of the month, the suspect used the alleged victim's computer to steal the credentials to the Crypto wallets.

At the same time, Zard allegedly stole the contents of Yaromenko's water. He has stolen himself or with the help of unknown users and then transferred the contents to four of its own wallets. Finally, the report also mentioned that Zard is charged for theft in incese circumstances, money laundering, and probing of a computer in order to commit an offense.

According to some earlier reports, Manhattan District Authority has charged a group of individuals for selling drugs and laundering millions of dollars using Bitcoin.

Apart from this, during the first week of this month, a 33-year old Danish man has been convicted to four years and 3 months in jail for laundering more than $450,000 bitcoin.