A citizen from Bat Yam involved in a $186 million American crypto theft
Details of the international investigation
Authorities revealed the arrest of a man from the Israeli city of Bat Yam after he was accused of being involved in a major fraud scheme targeting users of American trading platforms. The value of the stolen assets amounted to $186 million in digital currencies.
How was the operation carried out?
The accused used advanced fraudulent methods, including fake websites and phishing messages, to lure his victims and steal their digital wallet login information.
Response from legal authorities
Cooperation between American and Israeli security agencies led to the arrest of the suspect after precise digital tracking. He now faces charges that could lead to long prison sentences for money laundering and electronic theft
