US accuses Moroccan of stealing NFT Bored Ape

The american justice accused a Moroccan 25 years old for stealing 450,000 dollars at crypto-assetsincluding 2 NFT Bored Apethanks to a false page imitating the marketplace OpenSea.

On Monday, U.S. prosecutors announced the prosecution of a Moroccan citizen for stealing cryptocurrencies and non-fungible tokens using a technique known as phishing.

Soufiane Oulahyane would have flown for 450,000 worth of digital assets to a New York-based American investor in the fall of 2021.

Read:  CFX Labs raises $9.5M with its stablecoin payment network

According to the press release, Oulahyane had posted a clone of the login page of the famous OpenSea marketplace in order to deceive NFT holders and recover the starting phrase from their wallet. He would also have paid to have his page appear first in search results, to more easily harpoon potential victims.

The DOJ specifies that Oulahyane got his hands on several valuable NFTincluding tokens from highly sought-after collections such as Bored Ape Yacht Club, Bored Ape Kennel Club and Meebit.

As alleged, Oulahyane used a common cybercrime technique to steal victims’ crypto-currency and NFTs. Identity theft is one of the oldest tricks in the criminal playbook. Oulahyane has adapted this ancient tool for use in a new and developing area – the crypto space,” commented U.S. Attorney for the Southern District of New York Damian Williams.

Currently detained in Morocco on other charges, the alleged hacker faces up to 20 years in prison in the US.

Read:  NFT: Nike will offer virtual sneakers with the Air Force 1

To follow theCrypto news and Web3find RoyalsBlue.com on TwitterLinkedin, Facebook or Telegram

The Best Online Bookmakers July 18 2024

BetMGM Casino

BetMGM Casino

Bonus

$1,000