Virtual token company based in Serbia (IT worker theft) · February 2022
In February 2022, Jong Pong Ju used that access to steal virtual currency worth approximately $175,000 at the time of the theft, sending it to a virtual currency address he controlled. (Indictment charges the four with a scheme to steal virtual currency from two companies, valued at over $900,000 at the time of the thefts.)
IT worker theft from Company-2, a virtual token development company located in Serbia · On or about February 11, 2022 (employment since at least in or about May 2021)
On or about February 11, 2022, defendant JONG PONG JU, using access granted to him by Company-2, fraudulently obtained virtual currency tokens valued at approximately 60 Ether (worth approximately $175,680 at the time of the theft) from Company-2 by transferring the virtual currency to a virtual currency address controlled by defendant JONG PONG JU. [Case No. 1:25-cr-00291, U.S. District Court for the Northern District of Georgia; filing: INDICTMENT with FORFEITURE PROVISION as to Kim Kwang Jin]