RATE Group | Oklahoma Duo Arrested for $14 Million Cryptocurrency Theft
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Oklahoma Duo Arrested for $14 Million Cryptocurrency Theft

30 Sep Oklahoma Duo Arrested for $14 Million Cryptocurrency Theft

Posted at 00:37h in Cryptocurrency News by

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bitcoin cryptocurrency theft

Oklahoma police have arrested two men who reportedly stole millions of dollars from a California-based cryptocurrency company, local media reported.

Fletcher Robert Childers, 23, and Joseph Harris, 21, of Missouri, were arrested on suspicion of grand theft, a first-degree felony, and identity theft, a Class C misdemeanor. If charged for both, the duo could receive up to 35 years of prison time, according to Oklahoma state laws.

Court documents filed by Crowd Machine, a San Jose-based decentralized IT company, named Childers and Harris for their alleged involvement in a $14 million theft. The report accused the twosome of swapping the victim’s mobile sim card with a fake to steal his identity and phone number. That allowed Childers and Harris to compromise a cryptocurrency wallet registered with the stolen sim and lift $14 million worth of CMCT tokens.

An investigator with the Santa Clara County District Attorney’s Office and members of the state’s Regional Enforcement…

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