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