A Hamilton teen, charged last week in a $46-million cryptocurrency theft, allegedly stole from a California-based entrepreneur considered a Bitcoin pioneer. thestar.com/ths/news/crime…
Josh Jones lost $46 million in Bitcoin when he was targeted in the SIM swap attack in February 2020, The Spectator confirmed with multiple sources. Authorities say this was the largest ever cryptocurrency theft from a single victim. thestar.com/ths/news/crime…
Authorities have not said what role the 17-year-old from Hamilton allegedly played in the theft, or if he had help. thestar.com/ths/news/crime…
A SIM swap attack involves a perpetrator manipulating a cellphone carrier into changing a phone number over to a SIM card they control. They can get into everything from email, to banking, to social media, to a cryptocurrency wallet. thestar.com/ths/news/crime…
Josh Jones could not be reached for comment. thestar.com/ths/news/crime…
In 2010, Jones became one of the earliest investors in Bitcoin and has since amassed a fortune in the cryptocurrency.
In a recent interview on the podcast LA Venture, Jone is dubbed the “richest, goofiest, most confident yet normal-seeming person.”
thestar.com/ths/news/crime…
In a recent interview on the podcast LA Venture, Jone is dubbed the “richest, goofiest, most confident yet normal-seeming person.”
thestar.com/ths/news/crime…
U.S. investigators discovered some of the stolen cryptocurrency was used to buy a unique online gaming name, which is what led them to Hamilton. U.S. authorities contacted Hamilton police in March 2020 and the local cyber crime team began investigating.
thestar.com/ths/news/crime…
thestar.com/ths/news/crime…
The Hamilton teen faces charges of theft over $5,000 and possession of property or proceeds of property obtained by crime. He cannot be identified under the Youth Criminal Justice Act.
thestar.com/ths/news/crime…
thestar.com/ths/news/crime…
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