Canadian Teen Charged for $50 Million Cryptocurrency Theft
Cointelegraph
Published Jan 20, 2020 09:42AM ET
Updated Jan 20, 2020 11:22AM ET
Canadian Teen Charged for $50 Million Cryptocurrency Theft
An eighteen-year-old from Montreal is facing four criminal charges connected to a $50 million SIM-swapping scam targeting cryptocurrency holders, Infosecurity Magazine reported on Jan. 17.
The hacker, Samy Bensaci, is accused by Canadian authorities of being part of a ring that stole millions of dollars in cryptocurrency from American and Canadian holders. The theft is said to have occurred in spring of 2018, with Québec police representative Hugo Fournier saying that the hackers were responsible for the theft of "$50 million from our neighbors to the south and $300,000 in Canada."
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Written By: Cointelegraph
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