​Two teenagers arrested in Canada after stealing $4.2 million | Global CRYPTO News

​Two teenagers arrested in Canada after stealing $4.2 million in cryptocurrencies

Two 17-year-old residents of Hamilton, Canada, have been charged after stealing $4.2 million in cryptocurrencies from a US citizen through phishing. This is reported by local media.

The investigation began in June 2023. According to the case file, the teenagers pretended to be the support service of the cryptocurrency exchange Coinbase and tricked the victim into transferring $4.2 million in Ethereum and bitcoins to them.

Some of the stolen funds were used by the defendants to buy the nickname @zombie on Instagram.

According to the police, in total, the detainees had more than $13.4 million in cryptocurrencies.

They were charged with stealing more than $5,000 and possessing property or property proceeds from crime.

According to Beosin experts, in the first half of 2023, the crypto industry lost about $655.6 million as a result of hacks, scams and rug pull.

Recall that at the end of June, the Huobi bitcoin exchange eliminated a data leak that reportedly put users' assets at risk since June 2021.