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Two people suspected of committing a $ 14 million crypto robbery
This week, two men were arrested at Oklahoma for allegedly stealing $ 14 million from a San Jose Crowd machine.
The alleged robbers, Fletcher Robert Childers and Joseph Harris are from Missouri. The robbery took place in California and was reported on Sept. 22 by the machine company to California's Computer Crimes Task Force. Court documents allege that the men have accomplished the piracy through a SIM card swap, which allows hackers to steal the cell phone number and identity of a person. .
By the time the company reported the hacking, the men were already in Oklahoma. As a result, a search warrant was filed in Oklahoma County.
Crowd Machine discussed online theft, stating that access to its cryptographic wallet was compromised and that its Crowd machine the chips have been compromised. The platform also reported that most stock exchanges had suspended trading of its cryptocurrency and recommended that users stop buying its chips until the end of the survey.
According to Coindesk, piracy has resulted in the transfer of one billion tokens of the exchange. In addition, Coinmarketcap.com announced that Crowd Machine had a market capitalization of $ 1.12 million and that 470 market chips were outstanding. This is in comparison with BTC, which has $ 114.8 billion and $ 17 million respectively.
The owner of the platform, Craig Sproule, wrote on his blog that the platform would honor the purchase of stolen chips by those not involved. In his words,
"The criminal investigation is ongoing and we are therefore unable to make any other comments than to confirm that two arrests have been made. We work closely with law enforcement agencies to assist in the ongoing investigation. "
The platform added: "The victim, who had received $ 14 million stolen by the occupant of the hotel room, had also received emails from the suspect. The suspect is also actively laundering cryptocurrency through several different exchanges, some of which are not located in the United States. "
The Court's documents state that the investigators discovered that the victim's mobile phone account had been transferred to another device in an area near the SpringHill Suites hotel. Secret Service agents, through surveillance videos, determined that the mobile phone had been purchased from a nearby Walmart.
The law enforcement agencies, with regard to the search warrants, stated that they "should be served promptly and with as much surprise as possible to the suspect".
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