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FBI Arrests Five in Crypto Hacking and Data Theft Case | by Crypto Point | The Capital | Nov, 2024

November 21, 2024
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The Capital

If convicted, the defendants face extreme penalties, together with as much as 20 years in jail for wire fraud costs.

Federal authorities have charged 5 people for orchestrating a complicated phishing scheme that focused firm workers nationwide. The group allegedly stole delicate firm knowledge and hacked cryptocurrency accounts, amassing thousands and thousands in stolen funds.

The defendants are accused of sending misleading phishing textual content messages to workers, posing as their firm or a trusted IT supplier. These messages claimed accounts had been susceptible to deactivation and directed recipients to fraudulent web sites designed to seize login credentials.

The group allegedly accessed firm methods utilizing the stolen info, extracting mental property and private knowledge, and hacking cryptocurrency wallets.

The accused embrace:

Ahmed Hossam Eldin Elbadawy (23), also called “AD,” from School Station, Texas.Noah Michael City (20), alias “Sosa” and “Elijah,” from Palm Coast, Florida.Evans Onyeaka Osiebo (20), from Dallas, Texas.Joel Martin Evans (25), often known as “joeleoli,” from Jacksonville, North Carolina.Tyler Robert Buchanan (22), from the…



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Tags: arrestsCapitalCaseCryptoDataFBIHackingNovpointtheft
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