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Theft of 100,000 XRP Leads to Arrest in Australia

Published 10/26/2018, 12:17 PM
Updated 10/26/2018, 01:21 PM
 Theft of 100,000 XRP Leads to Arrest in Australia
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A 23-year old Australian woman has been arrested over stealing 100,000 XRP. Police forces detained the individual in her parent’s house in Sydney after she allegedly raided a 56-year-old crypto adopter’s wallet and transferred more than $46,000 worth in Ripple to a Chinese exchange.

According to Australian newspaper Brisbane Times, the woman hacked the victim’s email account in January of this year and set up a two-step verification security feature by changing the password and verifying it with her personal mobile number. The 23-year-old individual then used the victim’s email address to obtain access to their cryptocurrency wallet. She then transferred 100,000 XRP to an account in China, and converted them in Bitcoin. By the time the 56-year-old victim restore...


This article appeared first on Cryptovest

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