The teenager gained access to the phone of the holder of the cryptocurrency and, using two-factor authentication codes, stole $ 36.5 million worth of cryptocurrency. He was detained with a balance of $ 5.5 million in his account – he spent the stolen funds on video games.
A teenager stole $ 36.5 million worth of cryptocurrency and spent it on video games
The incident took place in Hamilton, Canada, according to the local police website.
The teenager was able to fraudulently gain access to the phone of the holder of the cryptocurrency. He took possession of a crypto wallet by intercepting two-factor authentication codes. The teenager ended up with a cryptocurrency equivalent to $ 36.5 million.
The police and the FBI have identified the attacker at a disproportionate expense. It turned out that he spent some of the money shopping for video games. The police report said the teen paid for unique nicknames.
The teenager was eventually arrested – about $ 5.5 million remained on the account by this time. The robber faces punishment under the article on theft on a large scale.
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Cover photo: TY Lim /