A UK hacker behind a Coinbase login rip-off that used dummy web sites and sob tales to steal greater than $900,000 price of crypto has been jailed for three-and-a-half years.
As reported by the Norwich Night Information, 24-year-old Elliott Gunton was jailed at Norwich Crown Court docket for his half in a hacking plot that concerned mimicking the web site of crypto alternate Coinbase to fraudulently get hold of consumer login particulars.
The group would additionally name numerous telecom corporations and use ‘sob stories’ to divert cellphone calls and entry personal account particulars.
Learn extra: UK ‘El Chapo’ faces 120 years in US jail over bitcoin-for-drugs ring
The rip-off occurred in 2018 and 2019, however by then Gunton was already a seasoned hacker. When he was simply 16, he hacked the UK cellphone firm TalkTalk and bought stolen buyer knowledge in alternate for crypto.
Additionally in 2019, he was ordered to pay again £407,359 ($524,000) and acquired a three-and-a-half-year neighborhood order after he hacked a high-profile Instagram account.
In in the present day’s sentencing, Choose Alice Robinson famous that Gunton claimed to have gotten a “thrill from hacking.” She determined nevertheless that he in the end needed to steal cash.
Gunton’s authorized protection, Matthew McNiff, mentioned that he was an obsessive loner on the time who had “shut himself away drowning in computer use.” He mentioned that Gunton is making an attempt to deal with his conduct and has began a furnishings enterprise.
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