XREX Plays Key Role in Taiwan’s Fraud Combat: Scammed Crypto Assets Returned Without Known Defendant
The attacker moved the stolen cryptocurrency assets into an account with OKX, an exchange that operates outside of Taiwanese jurisdiction.
- The attacker moved the stolen cryptocurrency assets into an account with OKX, an exchange that operates outside of Taiwanese jurisdiction.
- Multiple parties collaborated to seize almost all of the illicit assets and return them to the victim.
- It demonstrated that even if criminals have transferred the stolen assets to overseas exchanges, the assets can still be tracked and recovered.
- XREX Taiwan is listed on the Financial Supervisory Commission's list of virtual assets service providers that have completed anti-money laundering compliance statements.