Cybercriminal convicted of $800,000 fraud

Cameron Albert Redman, a 22-year-old Canadian, has been sentenced to one year in prison for fraud and identity theft. Redman and his accomplices took control of the accounts #X (formerly Twitter) of famous artists and brands to carry out sophisticated scams, acquiring $794,000 in cryptocurrency and NFTs from over 200 victims.

Method of the scam and consequences

Redman's group hacked the X accounts of major influencers like Mike “Beeple” Winkelmann and Gary Vaynerchuk, then posted links leading to fake websites. These sites hosted bogus giveaway programs, enticing victims to click the link and "confirm" a transaction.

In reality, this confirmation allowed the scammers to access the victims' cryptocurrency wallets, thereby stealing #NFT​ and cash. Although the victims believed they were receiving NFTs, they inadvertently granted control of the wallets to Redman.

This is not Redman's first offense. According to court records, he has previously been imprisoned for stealing over $40 million in cryptocurrency in a SIM swap attack. Court documents describe Redman as a "sophisticated, successful, and repeat cybercriminal," highlighting the danger of technology crimes in today's context. #anhbacong