A North Jersey man was sentenced to 21 months in prison for conspiring to steal more than $500,000 worth of cryptocurrency from user accounts with a cryptocurrency exchange.
Federal authorities say Ebrahem Adeeb, 20, of Bayonne, previously pleaded guilty to conspiring to commit wire fraud.
According to documents filed in the case,
From October 2020 to May 2021, Adeeb and his conspirators "swapped" the subscriber identity module (SIM) associated with a victim's phone number for another SIM loaded on a mobile device they controlled to access and control accounts. of the victim. Adeeb and his conspirators then sent a password reset request to a digital currency exchange, prompting the company to send a password reset link to the victim's email account. Adeeb and his conspirators then accessed the victim's email account and the account at the currency exchange company and transferred cryptocurrency from the victim's account to a cryptocurrency wallet they controlled.
Adeeb and his conspirators stole over $500,000 worth of cryptocurrency at the time of the thefts.
In addition to the prison term, Adeeb was sentenced to three years of supervised release and ordered to pay $504,418 in restitution.
Places in New Jersey where you can now carry a legal gun
New Jersey passed its own law in December, seeking to ban legal guns in "sensitive locations."
A federal judge has determined that many of these places are legally protected for reasons of armed self-defense and, in her opinion, noted that "crowded places are not sensitive places."
Here is the latest on what is legally allowed.
10 Annoying Things New Jersey Drivers Do
Sure, as Garden State residents, we certainly have the privilege of criticizing out-of-state drivers, but here are a bunch of reasons why New Jersey drivers should turn up the volume on their radio when Taylor Swift sings: ' It's me'. Hello. I am the problem, I am.
