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The hacker faces up to 20 years in prison.
A Moroccan man has been charged by the U.S. Attorney's Office with allegedly stealing four non-fungible tokens (NFTs) and a $ 450,000 cryptocurrency from a Manhattan resident in 2021. Soufianse Oulahya, who is currently under arrest in Morocco, is accused of creating a fake OpenSea platform and obtaining the victim's secret phrase through spoofing.
According to a press release from the U.S. Attorney's Office for the Southern District of New York, Oulahya used a paid ad on a popular search engine to lure the victim to a fake OpenSea site. When the victim entered his secret phrase on the site, Oulahya received it via email and used it to access the victim's wallet. He then transferred the NFT and cryptocurrency to his own wallet.
Among the stolen NFT Oulahs were one from the series Bored Ape Yacht Club, Meebit, Bored Ape Kennel Club and Crypto Dad. The victim paid approximately $ 448,923 to purchase these digital assets. The indictment does not specify which cryptocurrencies were stolen by Oulahei.
"Soufian Oulakhyan allegedly used a common cybercrime method to steal the victim's cryptocurrency and NFT. 'Spoofing' is one of the oldest techniques in the criminal arsenal. Oulakhyan adapted this old tool for use in a new and developing area-the crypto space, " said Prosecutor Damian Williams.
The case is being investigated by the US Department of Justice (DoJ) and the Federal Bureau of Investigation (FBI). Oulakhyan was charged with one count of telecommunication fraud, which carries a maximum penalty of 20 years in prison.
The accusation comes amid a surge in cyberattacks targeting the NFT space and cryptocurrencies. In April 2022, the owner of Bored Ape Yacht Club was defrauded of three NFTs worth $ 570,000 on the Kiwi Swap exchange platform, which used fake ticks to create counterfeit BAYC NFTs. But they were nothing more than Photoshop-edited Jpegs.
In October 2022, the BNB Chain suffered a security breach and lost millions of dollars worth of cryptocurrencies. While the freezing, recovery, and normalization processes were underway, a new spoofing attack caused 60 ETH of network damage.
A Moroccan man has been charged by the U.S. Attorney's Office with allegedly stealing four non-fungible tokens (NFTs) and a $ 450,000 cryptocurrency from a Manhattan resident in 2021. Soufianse Oulahya, who is currently under arrest in Morocco, is accused of creating a fake OpenSea platform and obtaining the victim's secret phrase through spoofing.
According to a press release from the U.S. Attorney's Office for the Southern District of New York, Oulahya used a paid ad on a popular search engine to lure the victim to a fake OpenSea site. When the victim entered his secret phrase on the site, Oulahya received it via email and used it to access the victim's wallet. He then transferred the NFT and cryptocurrency to his own wallet.
Among the stolen NFT Oulahs were one from the series Bored Ape Yacht Club, Meebit, Bored Ape Kennel Club and Crypto Dad. The victim paid approximately $ 448,923 to purchase these digital assets. The indictment does not specify which cryptocurrencies were stolen by Oulahei.
"Soufian Oulakhyan allegedly used a common cybercrime method to steal the victim's cryptocurrency and NFT. 'Spoofing' is one of the oldest techniques in the criminal arsenal. Oulakhyan adapted this old tool for use in a new and developing area-the crypto space, " said Prosecutor Damian Williams.
The case is being investigated by the US Department of Justice (DoJ) and the Federal Bureau of Investigation (FBI). Oulakhyan was charged with one count of telecommunication fraud, which carries a maximum penalty of 20 years in prison.
The accusation comes amid a surge in cyberattacks targeting the NFT space and cryptocurrencies. In April 2022, the owner of Bored Ape Yacht Club was defrauded of three NFTs worth $ 570,000 on the Kiwi Swap exchange platform, which used fake ticks to create counterfeit BAYC NFTs. But they were nothing more than Photoshop-edited Jpegs.
In October 2022, the BNB Chain suffered a security breach and lost millions of dollars worth of cryptocurrencies. While the freezing, recovery, and normalization processes were underway, a new spoofing attack caused 60 ETH of network damage.