Advertisement

Advertisement

Advertisement

Advertisement

Australian police arrested Sydney women over $450,000 crypto theft

Australian police on Thursday arrested a 23- year old women in a charge for stealing cryptocurrency worth of $320,000 (nearly to $450,000 AU).

According to the reports, “the women hacked into and changed the password of a 56-year old man’s email account, and then she used her mobile phone to gain access of the man’s cryptocurrency wallet and transferred 100,000 XRP to an account in China.”

Advertisement

In a statement issued by Arthur Katsogiannis, Detective Superintendent at New South Wales Police said: “It’s the first that we know of its type in Australia where an individual has been arrested and charged for the technology-enabled theft of cryptocurrency.”

“This is the first and largest cryptocurrency theft by a single person and expects this type of crime to increase in coming years,” Detectives added.