A Canadian teenager has been sent to hacking $ 37 million bitcoin (BTC ($ 114,316.00)) and hacking several X accounts.
This SIM follows the call of on-chant zachxbt for strict punishment against swapping and social engineering fraudsters.
Suspect sentence
Zachxbt revealed through a post of July 29 that Cameron Redman has been convicted and ordered to complete his participation in $ 37 million bitcoin theft and is hacking a related X that was ignored by the inventor.
Court documents suggest that the Redman has been sent for 12 months and 1 day, followed by three-yarn for each count, in which all sanities are obtained concurrently. They have also been ordered to pay a special assessment of $ 400, $ 248,257.07 in restoration, and a fine of $ 60,000.
On February 22, 2020, the Canadian teenager used a swap attack to control the mobile number of Crypto Investor Josh Jones, allowing them to bypass two-factor authentication and reach their walllets. He then stole 1,547 BTC and 60,000 bitcoin cash (BCH ($ 541.88)), at that time the price of $ 37 million at that time.
After the theft, Redman started robbing the stolen property through Small transactions. These tokens were eventually funnel through centralized exchanges in an attempt to hide the trail.
The culprit was later associated with physical scams and hacking of several NFTs ($ 0.00) profiles. For ZachxBT in June 2022, X. Kasne, Redman twisted access to an internal X panel for sale on platform swapd. This was followed by 250 ETHs ($ 3,495.78) and a compromise of more than 10 accounts and theft of millions was made through fending scams.
The detective said that Canadian youth have taken interest in fake identity documents on Swapd before submitting their actual information, in which the sales processes were completed through Tornado Cash, and then deposited the fund in a stake account.
The on-chain data added the wallet that he used for the compromised X accounts. The investigation identified the victims, including Bipal, Deke, Zenka, Noun Dao and JRNY Club.
Call for difficult rules
The suspect was formally charged by the Hamilton Police in Ontario on 17 November 2021. Officials recovered $ 5.4 million in Crypto, but the remaining $ 31.5 million is still missing.
At the time of his arrest, the Redman was still legally given an undergoing, which means that his name is reminiscent and his photo was not released. Zachxbt previewed that such a second such problem is part of the problem, saying that illegal illegal conduct should have been introduced to uproot the identity of the guilty criminal.
Such cases are increasing, SIM swap events in the UK have increased by 1,055% in 2024 with reservation from Keepnet Labs. A major method used by cyber criminals such as North Korea’s Lazarus, the attackers automated automatically by using the AI tools.
Meanwhile, ZachxBT reported preview that last year and disintegrated, a single hacker violated more than 15 x accounts, stolen more than $ 500,000.
The Post Canadian Teen was convicted in the $ 37m Bitcoin Hest and appeared for the first time on the 2020 x hacking spree cryptopotato.