An Aussie cop is being accused of taking 81 bitcoins during a raid. The cop, named William Wheatley, says he didn’t do it.

The Australian National Anti-Corruption Commission (NACC) says Wheatley wiped a special wallet during a drug bust. This wallet had 81 bitcoins, worth about $4.2 million now. The police found the wallet during a raid, but when they finally got to it, the bitcoins were gone.

At first, they thought someone from the crime group took the bitcoins because they found a secret code for the wallet. But after checking, they think it was Wheatley who moved the bitcoins using some special software that tracks them.

#PeckShieldAlert 2023 saw 600+ major hacks in the crypto space, resulting in ~$2.61B in losses, with $674.9M recovered.
$1.51B lost to hacks (excluding #Multichain unauthorized withdrawals) & $1.1B to scams. This marks a 27.78% decrease from 2022. #DeFi protocols remained prime… pic.twitter.com/G7PIU3WyrX

— PeckShieldAlert (@PeckShieldAlert) January 29, 2024

This shows how police use special programs to follow where cryptocurrencies go. In Canada, they’re also using similar software to track bad transactions.

Wheatley says he didn’t steal anything and is fighting the accusations. Meanwhile, there’s also news that a company called Trezor has some security problems.

Many people who use Trezor’s wallets might have had their information stolen. This adds to the confusion and worries about keeping cryptocurrencies safe.

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