Bukit Aman managed to trace a ransom paid in cryptocurrency for a Malaysian man who was kidnapped in Manila, Philippines.
Bukit Aman CCID director Comm Datuk Seri Ramli Mohamed Yoosuf told a press conference on Monday (Dec 11) that the trace, which was made possible by the Commercial Crime Investigation Department's (CCID) own cryptocurrency lab, led to the identification of six foreign suspects involved in the kidnapping and subsequent murder of the victim.
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Bukit Aman CCID director Comm Datuk Seri Ramli Mohamed Yoosuf told a press conference on Monday (Dec 11) that the trace, which was made possible by the Commercial Crime Investigation Department's (CCID) own cryptocurrency lab, led to the identification of six foreign suspects involved in the kidnapping and subsequent murder of the victim.
Read more at https://tinyurl.com/42bsn3k3
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00 I want to talk about cryptocurrency too.
00:03 This is a new phenomenon in our country. But many people are just spitting without knowing the background.
00:10 Many people are just fed up with promises or promises to the debt from the perpetrator.
00:24 JSJK has a Cryptocurrency Crime Investigation Unit that has been established since 2018.
00:32 In 2020-2021, two years ago, this unit has received the equipment to establish a mechanism
00:42 that functions to analyze cryptocurrency transactions.
00:48 We are capable of analyzing cryptocurrency transactions.
00:55 The unit that was officially established on 31 May 2022 is the first one to be established in Southeast Asia.
01:06 We are superior in this aspect.
01:08 Since the operation started, this unit has been conducting analysis on 532 e-wallets.
01:18 The value is more than 1 billion ringgit.
01:21 The analysis is not only related to the domestic cases in Malaysia,
01:29 but also the cases outside of Malaysia.
01:33 Next, we will share the latest cases related to the role of this unit in the investigation.
01:43 The first case is of interest.
01:46 The kidnapping and murder case involving a Malaysian citizen in Manila, Philippines.
01:53 On 24 October 2023, last month,
01:59 Atasye Police Department in Manila has received a complaint from a Malaysian citizen
02:09 that the man's brother who works in Manila was kidnapped on 22 October 2023 by an unknown group of men.
02:20 The kidnappers then demanded ransom money of Rp 330,000.
02:28 The money was then paid through the crypto wallet application, USDT.
02:36 However, on 23 October 2023, the Philippines National Police, PNP,
02:42 has received a report about the discovery of a body of a man in St. Simon, Pampanga,
02:50 where the physical description and tattoo on the body
02:56 is the same as the description of the kidnappers.
03:03 On 9 November 2023, the JSDK has received a request from Atasye Police Department in Manila
03:12 to assist in the analysis of the transaction flow into the crypto wallet of a suspect involved in the case.
03:21 This involves forensics.
03:23 The analysis has succeeded in detecting the cryptocurrency transaction flow
03:31 which was transferred to an exchange that was not registered in Malaysia.
03:36 The information received from the exchange reveals the identity of six foreign citizens
03:43 who were believed to have helped in the investigation of the kidnapping case.
03:50 All this information has been handed over to Atasye Police Department in Manila for further investigation.
04:00 I am in Laksana, in the Philippines.
04:02 For more information, please visit www.fema.gov.uk/coronavirus.
04:07 For more information, please visit www.fema.gov.uk/coronavirus.