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Hacker Accused of Stealing $1.7M in Cryptos

Friday, Jul 19 2019

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Written by FinTech News Brief Staff

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Hacker Accused of Stealing $1.7M in Cryptos

Eliyahu Gigi from Tel Aviv, Israel, has been accused of stealing $1.7 million in Bitcoin, Dash, Ethereum and other cryptocurrencies from investors. So reports The Next Web.

He is facing charges of "theft, fraud, aggravated counterfeiting, use of a forged document, perjury, money laundering, and income tax offenses," according to the article. Gigi's younger brother was also arrested for allegedly participating in the scam.

Read the full article from The Next Web.

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