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    Home»Crypto News»FBI Arrests 5 in Crypto Hacking and Knowledge Theft Case
    FBI Arrests 5 in Crypto Hacking and Knowledge Theft Case
    Crypto News

    FBI Arrests 5 in Crypto Hacking and Knowledge Theft Case

    By Crypto EditorNovember 21, 2024No Comments1 Min Read
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    FBI Arrests 5 in Crypto Hacking and Knowledge Theft Case
    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 prone to deactivation and directed recipients to fraudulent web sites designed to seize login credentials.

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

    The accused embrace:

    • Ahmed Hossam Eldin Elbadawy (23), also called “AD,” from Faculty 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 called “joeleoli,” from Jacksonville, North Carolina.
    • Tyler Robert Buchanan (22), from the…



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