A crypto investor claims $1.5 million of his stolen funds ended up in an account with a Manhattan-based cryptocurrency exchange, and he wants to know how.
In May, corporate quality expert Niall Leonard discovered his Bitcoin and other cryptocurrencies were suddenly gone from his digital wallets, according to a Manhattan Supreme Court filing.
Leonard, an Irishman living in Qatar, immediately hired British financial investigation firm AnotherDay, which traced the funds to an account with Koreatown company called Paxful Holdings.
Paxful declined to release the identity of the account holder without a court order. Leonard wants a judge to force Paxful to reveal who is holding the stolen funds.
The company is “working hand-in-hand with Niall Leonard’s team” and is “doing everything in our power to provide transparency” while acting within U.S. law, a Paxful spokesperson told The Post.
“We’re awaiting next steps and will work alongside law enforcement to ensure any wrongdoers are brought to justice,” the spokesperson wrote in an email to The Post.
Alonso and Leonard declined to comment.