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15-year-old hacker and crew of ‘evil geniuses’ accused of $24 million crypto theft

Posted on May 9, 2020 by Dissent

Bob Van Voris of Bloomberg reports:

A 15-year-old hacker and his crew of “evil computer geniuses” stole nearly $24 million in cryptocurrency from an adviser to blockchain companies, according to a lawsuit filed in New York.

Michael Terpin claims his phone was hacked and his money stolen in 2018 by a ring led by Westchester County, New York, teen Ellis Pinksy as part of a “sophisticated cybercrime spree.” Terpin, the founder and chief executive officer of blockchain advisory firm Transform Group, is suing Pinsky, now 18, for $71 million under a federal racketeering law that allows for triple damages.

Read more on Boston Globe.

Category: Business SectorHackOf NoteU.S.

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