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“The joint investigation revealed that some of the stolen cryptocurrency was used to purchase an online username that was considered to be rare in the gaming community,” said the police in a statement.

“This transaction led investigators to uncover the account holder of the rare username,” it added.

The Hamilton police made the arrest on Wednesday but refused to disclose the age of the accused, citing the ongoing investigations and the Youth Criminal Justice Act. Meanwhile, authorities are urging the public to keep their accounts secure by using different passwords and utilising second-factor authentication methods.

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