For the hack, he used a smartphone and software called Tor for internet anonymity to reach the websites.
Apparently, the wallet was experiencing numerous glitches because of the site overload.
He then put the stolen MonaCoin in an anonymous, dividend-bearing account at a cryptocurrency exchange overseas.
More than 7,000 users were affected due to the hack but the platform has accepted to repay them.
The official website of Monappy currently states that they have suspended their services due to external attacks.
source: www.techworm.net
