Tech Savvy Student Steals $7.5 Million in Cryptocurrency – Gets 10 Years in Jail

in #steemit • 5 years ago

cyber-security-cryptocurrency.jpg
Joel Ortiz, a skilled SIM Swapper was caught and arrested back in May 2018. On April 22nd 2019, the District Attorney’s Office of Santa Clara County made their formal announcement about his sentence – 10 years in prison.

Ortiz was a 21-year-old Boston High School valedictorian and was very prolific at stealing cryptocurrency from SIM cards. The announcement states that he had hacked the crypto wallets (worth over $7.5 million) located on mobile phones of over 40 victims.

According to the announcement, it only took Ortiz just a few minutes to steal more than $5.2 million in crypto from one Cupertino cryptocurrency entrepreneur. He performed this theft back in May of 2018.

https://www.bitcrypt.co/tech-savvy-student-steals-millions-cryptocurrency/

#cryptocurrency #bitcoin #blockchain #fintech
5 years ago in #steemit by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.16
    TRX 0.13
    JST 0.027
    BTC 58188.83
    ETH 2585.51
    USDT 1.00
    SBD 2.40