Connecticut detectives recover stolen cryptocurrency, return funds to victim

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NORWICH — Detectives from the Connecticut State Police have successfully recovered and returned a portion of stolen cryptocurrency to a victim of theft, authorities announced Thursday.

On March 15, the Norwich Police Department contacted the State Police’s Eastern District Major Crime unit and the Bureau of Special Investigations/Statewide Organized Crime Investigative Task Force, both part of the Cryptocurrency Working Group, to report a significant cryptocurrency theft.

The victim’s cold storage wallet had been compromised, with around $159,712.26 in Bitcoin and Ethereum illegally siphoned off in an attack known as a “wallet drainer.”

Investigating detectives traced the stolen digital assets to two compliant cryptocurrency exchanges.

They swiftly issued freeze requests and secured search warrants from the New London Superior Court for asset seizure.

After months of investigation and legal…

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