Information Age reported the news on Tuesday, saying that the woman, Kathryn Nguyen, hacked into a crypto account of a 56-year-old man via a SIM-swap attack in January 2018. At the time, the stolen XRP was worth over $400,000. Today, it is only worth about $30,000.
Australian authorities began their investigation into the case almost a year ago. At the time, they also seized computers, phones and money from Nguyen’s home in Epping, a suburb of Sydney.
Nguyen is reportedly the first Australian to be charged over the theft of cryptocurrency.
© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Australian woman jailed for stealing more than 100,000 XRP during its market peak in 2018 written by Yogita Khatri @ https://www.theblockcrypto.com/linked/74570/australian-woman-jailed-for-stealing-more-than-100000-xrp-during-its-market-peak-in-2018?utm_source=rss&utm_medium=rss August 11, 2020 Yogita Khatri