UK Hacker Sentenced to 10 Years in Prison for Stealing $375 Million in Bitcoin
1 year ago
22
Bitcoin
cryptocurrency scam
social media accounts
high-profile individuals
UK hacker
US federal court
restitution
supervised release
cryptonews #cryptocurrency #bitcoin #ethereum #blockchain #NFTs #DeFi #marketanalysis #investing #trading #cryptoeducation #altcoins #cryptotrends #digitalassets #cryptoexpert #dailynews #marketupdates #cryptoupdates #cryptoinsights #cryptoanalysis #cryptoenthusiast #cryptocommunity #cryptotalk #cryptochat
Joseph O'Connor, a UK resident who hacked into the social media accounts of high-profile individuals to steal approximately 7,000 Bitcoin, valued at around $375 million, has been sentenced to 10 years in prison by a US federal court. O'Connor was extradited to the US to face the charges and has been ordered to pay restitution to the victims and serve three years of supervised release after his prison term. This video discusses the details of the case, the impact of the crime, and the message the sentence sends to others who might consider engaging in similar activities.
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