EOS is still relevant — at least for US criminal extradition

While EOS is rarely mentioned as a blockchain with a real-world use case, the cryptocurrency has proven to be very useful in the latest extradition of an Uzbek national living in Ukraine: Nikita Sklyuev, also known as Valeriy Dorojkin, was finally extradited this week to face charges related to wire fraud from 2019.

According to documents from the 2019 charges, Sklyuev created a fake EOS wallet explorer that was able to access the private keys of a user who held over two million EOS — valued at $11.8 millionat the time — and move the crypto onto Binance and Bitfinex, where he then traded into Ethereum and eventually cashed out.

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Over half the stolen EOS has not been touched yet and is currently valued at about $640,000 — a decline of 86%from when it was hacked.

Sklyuev hacked the ‘Hodgetwins’ — a Republican-leaning comedy duo with millions of followers — back in 2018 according to an old Steemit post.