Thursday, November 19, 10:44
Home security Irishman jailed for stealing $ 2.000.000 worth of cryptocurrencies!

Irishman jailed for stealing $ 2.000.000 worth of cryptocurrencies!

An Irish cybercriminal has been jailed for his involvement in a conspiracy SIM-swapping fraud against unsuspecting victims and for stealing cryptocurrencies. Conor Freeman was recognized by the Department of Homeland Security USA as a member of a hacking group that stole cryptocurrencies worth more than $ 2.000.000 from a large number of victims in 2018. Freeman pleaded guilty to stealing cryptocurrencies by dishonestly operating a computer to make illegal money.

According to Infosecurity Magazine, the 21-year-old Irishman handed over a virtual wallet containing 142.75682712 Bitcoin Whose value now stands at over $ 2.000.000 gardaí at the time of his arrest. Along with at least five US conspirators, Freeman used a SIM-swapping scam to steal $ 100.000 worth of cryptocurrencies from Darran Marble on May 15, 2018. The next day, the same individuals targeted Seth Shapiro, earning $ 1.921.335 in digital money. Two days later, cybercriminals used the same technique to extract cryptocurrencies worth about $ 167.622,22 from Micheal Templeman.

After being convicted by Dublin County Criminal Court earlier this week, Judge Martin Nolan noted that Shapiro lost the proceeds from the sale of his home and the savings he made all his life from Freeman and his conspirators. Nolan sentenced Freeman to three years in prison for stealing cryptocurrencies and other fraud.

According to the court, Freeman appears to have known his conspirators through Internet. The whole team together was looking at SOCIAL MEDIA for goals they had access in large amounts of cryptocurrency.

After selecting a victim, the team looked for the address e-mail and his phone number. Telecommunications contacts transferred the victim victims' phone numbers to SIM cards purchased by the team.

With protocols that have been created to help people who forget them codes access, the team was able to access the internet accounts of its objectives. Freeman's role was to examine victims' emails to identify the sources of the cryptocurrencies they had.

Freeman's lawyer, Paul O'Carroll SC, described his client as "very lonely" who began hacking other people's accounts Gamers for the "adrenaline" in his adolescence.

Freeman's five conspirators are on trial in the United States.

LEAVE ANSWER

Please enter your comment!
Please enter your name here

Pohackontashttps://www.secnews.gr
Every accomplishment starts with the decision to try.

LIVE NEWS

Irishman jailed for stealing $ 2.000.000 worth of cryptocurrencies!

An Irish cybercriminal has been jailed for his involvement in a SIM-swapping scam against unsuspecting victims and for stealing cryptocurrencies ....

Liquid crypto-exchange: Revealed security breach and data theft

Liquid, one of the leading cryptocurrency exchange portals, has revealed a security breach. The company made an announcement on its site, in ...

USA: Consumers are afraid of cyber-scams at Christmas time

Consumers in the US plan to make more online purchases at Christmas, although they are worried that they may fall victim ...

NordPass: What are the worst passwords for 2020?

Nowadays, cyber attacks and data breaches are commonplace. One of the tips of experts to prevent such ...

Microsoft fixes the issue of Windows 10 certificates disappearing

Microsoft has fixed a known issue that leads to "lost" system and user certificates after updating some Windows 10 systems.

Rapid7: There are vulnerabilities in the Tesla Backup Gateway

Rapid7 researchers have described in detail some weak security points in the Tesla Backup Gateway and the ways in which they can ...

How to split two Google Assistant speakers connected to a stereo

Placing two smart Google Assistant speakers in a stereo is a great way to enhance the experience of ...

Mac: How to turn the startup sound on or off

The Mac has a separate boot sound that beeps every time you boot your Mac. Except for the Macs who ...

OTE in the international FTSE4Good indices with the leading companies in matters of sustainable development

Press Release: OTE in the international FTSE4Good indices with the leading companies in matters of sustainable development

The Cicada team takes advantage of ZeroLogon in its new attacks

Researchers have discovered a global campaign targeting businesses using the recently discovered ZeroLogon vulnerability. The cyber attack is believed to be ...