US DOJ Seeks to Recover Bitcoin and Car from Teen Hacker!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

Sep 11, 2023 10:56

The US Division of Justice is in search of to get well $5.2 million price of stolen Bitcoin and a sports activities automotive bought by teenage hacker Ahmad Wagaafe Hared in 2016. Hared, together with Matthew Gene Ditman and different co-conspirators, engaged in a SIM-swapping scheme to steal funds from cryptocurrency executives in Northern California. They deceived cellular phone suppliers into disclosing particulars in regards to the SIM playing cards of their targets, permitting them to bypass two-factor authentication measures and perform the thefts. Hared used the stolen funds to purchase a BMW i8, and prosecutors are in search of to get well each the automotive and the cryptocurrency.