25 Oct Sydney woman charged over $450k cryptocurrency theft
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It appears the victim’s email account had been hacked a month before the theft in December.
By the time he regained control of his email and trading accounts, the Ripple had been transferred to a Chinese exchange, converted into Bitcoin, and sent on to multiple electronic wallets.
It has since disappeared into the complex, sometimes entirely opaque network of currencies and accounts that make up the crypto environment.
Riot squad police on Thursday morning nabbed a 23-year-old woman during a raid at a home at Epping.
Commander Arthur Katsogiannis warned this type of crime would “become the new norm”.Credit:Dallas Kilponen
Officers seized computers, hard drives, mobile phones and documents while searching the home.
The Cybercrime squad would not confirm if she acted alone but said the woman had particular skills that helped her carry out the theft.
“It’s a very significant crime and it’s the first we know of its type in Australia where an individual has been arrested and charged for…
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