An Indian citizen, Chirag Tomar, admitted guilt in a U.S. court for orchestrating a $9.5 million crypto heist by creating a fake Coinbase website. ๐Ÿ˜ฑ๐Ÿ’ฐ Tomar, 30, was apprehended at Atlanta airport in December 2023, facing charges of wire fraud and money laundering with a potential 20-year sentence. ๐Ÿ›‘โ›“๏ธ Initially flagged by Seamus Hughes of CourtWatch, Tomar tricked users into giving up their Coinbase login info through a spoofed Coinbase Pro site, defrauding over 542 victims from June 2021 to late 2023. ๐Ÿ•ต๏ธโ€โ™‚๏ธ๐Ÿ’ป Court documents revealed Tomar's sloppy trail, including using his real name in emails, maintaining victim spreadsheets, and searching for scam methods. ๐Ÿ“๐Ÿ’ผ Despite impending sentencing, Tomar flaunted his stolen wealth, indulging in luxury watches, cars, and global travel. ๐ŸŒŽโœˆ๏ธ Stay alert in the digital realmโ€”your security is paramount. ๐Ÿ”’๐Ÿ’ก -Professor Mende signing off!

#cybercrime #CryptoHeist #digitalsecurity #coinbase?