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A man stole $600,000 worth of cryptocurrency from an elderly person!

Posted on November 26, 2022 by admin

A man stole $600,000 worth of cryptocurrency from an elderly person!

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Answer A man stole $600,000 worth of cryptocurrency from an elderly person!

There are many thefts and frauds in the cryptocurrency arena, and their circumstances differ from one story to another.

Aaron Daniel Motta, a 27-year-old cyber security expert from Florida (USA), has been charged with criminal offenses after stealing $575,000 worth of cryptocurrency from an elderly victim, the newspaper reports.Tampa Bay Times“.

The theft occurred after Mota managed to steal the Trezor wallet with the password while installing a security system in the victim’s home.

As is well known, Trezor and other hardware wallets allow their customers to store a large number of cryptocurrencies offline (cold wallet).

He was released on bail on Friday after returning the wallet from which he had already spent $60,000.

Read:A new partnership for the ChainLink project in the aviation field… and the LINK coin interacts with the news

Mota is not the only criminal who has targeted cryptocurrency theft, as an elderly woman from the capital, Dublin, was recently arrested for deceiving her victim and stealing one million euros from her in February.

Read:BitClave Project Will Return Investors $25 Million It Raised From ICO

Last week, Trezor customers were targeted with fake emails for data breaches and theft of their cryptocurrency.

Read also:

Could blockchain technology be the future of Hollywood?

Bank of America: Cryptocurrencies Could Overtake Stocks Amid Possible Recession!


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