The arrest of the Irish thief of $ 2 million in Bitcoin … details here
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Answer The arrest of the Irish thief of $ 2 million in Bitcoin … details here
The United States is seeking the extradition of an Irishman for stealing more than $2 million in bitcoin wallet hacks by hacking and swapping a SIM card.
Preparing Authorities in Ireland have filed a case against Conor Freeman, a 20-year-old Irishman, for being accused of a criminal operation responsible for bitcoin wallet hacks.
Freeman was arrested at his home in May because the United States judiciary issued a warrant against him.
Law enforcement says Freeman was a member of a gang of hackers who used SIM swapping techniques to steal cryptocurrency.
SIM swapping means criminals have the ability to take control of a person’s mobile phone, which they then use to access the victim’s email and cryptocurrency wallets.
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According to legal authorities, the group managed to steal $2,187,977 in bitcoin and other digital currencies between February 2018 and May 2018.
Conor Freeman is the only non-American in this group of hackers.
His identity was revealed after the arrest of a member of the “group” in May 2018, who then cooperated with the police.
Online chat logs showed that someone with the nickname “Connor” had a key role in the group in planning and executing the hacking attacks.
Law enforcement agencies were able to link the IP addresses used by Connor to those used by Conor Freeman from Ireland’s internet and mobile phone providers.
A grand jury in the Eastern District of Michigan indicted Freeman and five accomplices on the following charges:
- Conspiracy to commit fraud.
- Four counts of aiding and abetting wire fraud.
- Assisting and abetting identity theft.
If Freeman is convicted on all charges, he could face up to 108 years in prison.
Freeman faces a short delay right now, as the authorities have requested a delay because a local prosecution file is being prepared against him.
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On behalf of the Minister of Justice, Siobhan ni Shulachin told the Supreme Court:
We are awaiting developments on this front before deciding on the substantive case before the Court.
The court granted a six-week adjournment, which means that Conor Freeman will not appear in court until June 22.
An interesting fact in the case is that Connor used just four hacks to get more than $2 million worth of bitcoin that he was accused of stealing from his victims.
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