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PANews news on June 9, according to news.bitcoin, a report stated that Zimbabwean encrypted trader Lloyd Chiyangwa (Lloyd Chiyangwa) was accused of stealing more than $45.7 worth of bitcoins from one of his customers’ encrypted wallets. assets. According to prosecutors, Chiyangwa stole funds using seed phrases and passwords he initially obtained when he helped unidentified clients create encrypted wallets. Chiyangwa withdrew funds from clients' wallets in seven transactions, the largest single withdrawal was $261,500 and the lowest was $5,155, the report said. Chiyangwa, who now faces charges of theft and money laundering, is accused of using the stolen funds to buy two iPhones, a laptop and a Mercedes Benz.


Meanwhile, in an objection filed against Chiyangwa's bail application, prosecutors insisted that the cryptocurrency trader, who holds two passports and has two South African bank accounts that received some of the stolen money, was a flight risk, So not eligible for bail.
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