Two fraudsters from Canada, posing as technical support for the HitBTC exchange and deceiving a client in the amount of $ 140,000, may be sentenced to two years in prison.
According to the court order of December 16,brothers Jagroop Singh Khatkar and Karanjit Singh Khatkhar pleaded guilty to fraud on Twitter last July.
Posing as HitBTC exchange support team,The brothers convinced the 63-year-old retiree to reveal the email address associated with her trading account. Having received the necessary data, the attackers stole 23 BTC (at that time the damage amounted to about $140,000).
When testifying, the scammers confirmed thatrealized the illegality of their actions and deliberately used digital identification to steal crypto assets belonging to another person. The stolen funds will be returned to the victim, and the sentencing for the brothers will take place in March next year. However, at the hearing, the victim felt sorry for the accused, expressing the hope that in the future they would be able to “use their mind” for more useful cases.
According to the analytical company CipherTrace, inThis year, losses from fraudulent activity in the cryptocurrency industry amounted to $4.4 billion, which significantly exceeds last year’s figures. Attackers manage not only to obtain user data fraudulently, but also to hack platform wallets.
In November, hackers stole 342,000 ETH (about $ 49 million) from the South Korean exchange Upbit, and this month the Singapore company VeChain Foundation suffered losses, losing about 1.1 billion VET ($ 6.6 million).
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