Today news
About the same in other media
A teen accused of a $36.5 million crypto theft used some of it to buy a rare gaming username — which the police used to track him down
Reading now: 441
NurPhoto/Getty Images
A teenager in Canada was arrested for allegedly stealing C$46 million ($36.5 million) worth of cryptocurrency from a victim residing in the US, police in Canada said Wednesday.
Some of the stolen cryptocurrency was used to buy an online username considered to be rare in the gaming community, and the transaction led investigators to find out who held the account of the username, Hamilton Police Service said in a statement.
The victim was the target of a cell phone scam known as SIM swapping, said police in Hamilton, a port city located in the province of Ontario. The department also said the case marked the biggest cryptocurrency theft reported from one person.
A SIM swap attack is a hijacking method carried out by
Read more on markets.businessinsider.comAbout this in other media
Crypto.com will acquire two US-based exchanges from IG Group, in $216 million deal ambcrypto.com /2 years ago
Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry cointelegraph.com /2 years ago
STZ token raises US$3 million from Animoca Brands, Polygon, Stanley Choi, Gate.io Labs, ZB Capital, others cryptonews.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
