Tuesday, October 20, 14:34
Home security Australia: Woman found guilty of stealing cryptocurrency

Australia: Woman found guilty of stealing cryptocurrency

cryptocurrencyAccording to 7News Sydney, Katherine Nguyen is its first resident Australia found guilty of fraud related to cryptocurrency. Nguyen reportedly stole 100.000 XRP.

The incident happened on 2018. Nguyen, who was twenty-four years old, hacked the account e-mail of an elderly man, which had the same surname as that. Nguyen had access to account for two days.

It is not yet known where the XRPs were stored, however, two days was enough for Nguyen to steal all of the old man's funds.

Police have been investigating the case for 10 months, as Nguyen had left behind traces leading to Chinese platforms. exchange.

Cryptocurrency scams are a common phenomenon nowadays. This works positively because it exists more mobilization to boost it security of digital currencies.

As Nguyen was leaving court, 7News asked her, "Did you think you would escape because it wasn't real money?"

Last year the Sydney Morning Herald reported that this type of theft was the first in Australia. Head on police had stated: “It's a very important one crime and it's the first time we see in Australia a person being arrested for electronics theft, allowing cryptocurrency theft ”.

Police have not provided much information about the incident. For example, they have not said whether Mr Nguyen will be compensated for the loss of his funds. The only certainty is that the court will convict Katherine Nguyen in October. Most likely he will receive a sentence imprisonment.


Please enter your comment!
Please enter your name here

Absent Mia
Absent Miahttps://www.secnews.gr
Being your self, in a world that constantly tries to change you, is your greatest achievement


Gang ransomware donates part of ransom to charities

The Darkside ransomware gang has donated 10 thousand dollars from the ransom it has collected from its victims to Children International ...

FinCEN fines $ 60 million companies for bitcoin money laundering

The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) today announced the first sentence against cryptocurrency services, Helix and ...

US: accuse Russians of global attacks

Six Russian agents have been indicted by the US Department of Justice for attacks related to the Winter Olympics in Pyeongchang, ...

Hackers hijack Telegram via an SS7 attack

Hackers with access to the Signaling System 7 (SS7) used to connect to mobile networks around the world were able to ...

Windows GravityRAT malware now targets Android and macOS

GravityRAT, a malware that monitors the CPU temperature of Windows computers to detect virtual machines or sandboxes, has acquired additional ...

DDoS attacks tripled, forcing victims to pay a ransom

The last quarter of 2020 saw a wave of web application attacks that have used ransom letters to target companies in various industries ....

Phishing campaign violates Office 365 accounts through OAuth app

Security researchers have discovered a new phishing campaign that uses a Coinbase-themed email. Target of the hackers behind the campaign, ...

A hacking team donated money stolen from attacks

A hacking team donated some of the money it stole from companies to charities. This is an unprecedented case that raises ...

Instagram: Investigated by the EU for child data protection

Instagram is under investigation by the EU, as it allegedly failed to ensure the protection of children's data on its platform ....

Ransomware attack "cost" $ 300.000 in Mississippi schools!

A Mississippi school district voted to pay $ 300.000 to recover files encrypted during an ransomware attack. A...