Ukrainian Official Robbed of $647,000 from Ledger

Photo - Ukrainian Official Robbed of $647,000 from Ledger
Maksym Kyselov, the head of the Executive Service Department of Ukraine's Ministry of Justice, reported a theft to the Cyber Police back in May.
All eyes turned to Oleh Hromov, a crypto enthusiast who introduced Kyselov to digital currencies, set up his trading account, and configured his Ledger wallet, where Kyselov stored $700,000.

Hromov was the only one aware of the wallet's seed phrase.

Earlier this year, Kyselov sought to aid his family in Spain residing in a property valued at $1.5 million, but National Bank transfer restrictions foiled his plans.

He turned to Hromov for a cryptocurrency transfer solution, but the funds ended up in different accounts, and Hromov has since left Ukraine.

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