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Teen Crypto Thief: From $48 Million to New Heists - A Shocking Journey!

Jean-Michel Dupont
Jean-Michel Dupont
"Wow, this feels like a movie plot! Can’t believe he thought he could get away with it again."
Emily Carter
Emily Carter
"Redemption story gone wrong? What's next for him? Serious question."
Marcus Brown
Marcus Brown
"A year of probation but still managed to scam again? Doesn’t seem like he learned his lesson."
Hiroshi Nakamura
Hiroshi Nakamura
"How do you go from stealing millions to wanting a cybersecurity job? A little ironic, don’t you think?"
Sophia Chen
Sophia Chen
"This is why we need better cybersecurity education for the youth!"
Samuel Okafor
Samuel Okafor
"I mean, stealing from Beeple? The audacity is off the charts!"
Nguyen Minh
Nguyen Minh
"LOL, what a wild ride! Can't wait to see how this unfolds."
Amina Al-Mansoori
Amina Al-Mansoori
"I’m just shocked he was able to keep doing it after getting caught... wild!"
Zanele Dlamini
Zanele Dlamini
"Do you think he could really turn his life around? Or is he too far gone?"
Sophia Chen
Sophia Chen
"At this point, he should just write a book about his escapades!"
Michael Johnson
Michael Johnson
"He must have thought he was invincible... guess not!"

2025-08-22T10:00:00Z


Imagine being just 19 years old and being involved in stealing a staggering $48 million in cryptocurrency. It sounds like a plot twist from a blockbuster movie, right? But this is the reality of a troubled youth from Hamilton who boldly faced a judge, proclaiming, “I intend to move forward only in a positive direction.” Yet, his actions would soon tell a different story.

In the summer of 2022, this young man, whose identity remains hidden due to Canada's Youth Criminal Justice Act, appeared in court ready to take responsibility for a crime that sent shockwaves through the crypto community. His lawyer argued for a fresh start, hoping to pivot the young man’s hacking skills toward a career in cybersecurity. Still, the judge handed down a year of probation, factoring in the year he previously spent in custody and his age at the time of the crime. His probation forbade him from engaging with cryptocurrencies, a significant setback for someone who had tasted the high-risk, high-reward world of cybercrime.

But what does redemption look like for a young man who, just months later, was allegedly caught bragging about his heist while simultaneously plotting another one? This disturbing revelation came as authorities revealed that he was operating a new, high-profile crypto heist just when he was supposed to be turning his life around.

His first big crime, the $48-million heist, was remarkably executed via a SIM swap scam. Authorities later described it as one of the largest thefts from an individual in Canadian history. While details of his involvement remain murky, it’s reported that he claimed to still possess around $15 million from the heist even as he pleaded for leniency in court.

Fast forward to July 29, 2023, and we find him again in front of a judge—this time in Alexandria, Virginia, where he faced charges for another crypto scam that raked in approximately $800,000. This time, he targeted high-profile Twitter accounts, including that of famed digital artist Beeple, known for selling a record-setting $69 million NFT. The young man ingeniously manipulated these accounts, leading followers to a fraudulent raffle that ultimately drained their crypto wallets. Talk about a plot twist!

The backstory reveals a life filled with struggles. The young man’s parents separated when he was just a toddler, leaving him in a chaotic household. The court documents painted a troubling picture of his upbringing, citing emotional neglect and trauma as major factors that shaped his vulnerability to crime. Yet, the prosecution painted him as a cunning mastermind, skillfully executing social engineering tactics that allowed him to deceive people with ease.

Despite showing signs of remorse, his actions spoke louder than words. When out on bail, he was reportedly caught up in experimenting with drugs and quickly returned to his old ways, infiltrating the very social media platforms that he had once exploited. His savvy approach to scams was further enhanced when he sold access to a Twitter support platform, all while climbing back into the criminal underworld he had claimed to escape.

Ultimately, his downfall came as he tried to juggle multiple scams with unreliable partners. Betrayals among thieves, it seems, are a common theme. The young man's aspiration for freedom and a new life crumbled when the walls closed in, leading him to Portugal, where he sought a fresh start as a digital nomad.

But paradise was short-lived. Law enforcement agencies, including the FBI, began closing in on his associates. In a dramatic turn of events, key players who once collaborated with him turned against him, cooperating with authorities in exchange for leniency. By December 2024, he was arrested and eventually extradited to the U.S. for his crimes. Now, as he awaits deportation back to Canada, a chilling question looms over him: What does the future hold for a young man whose life has been defined by crime?

Profile Image Marco Rinaldi

Source of the news:   The Globe and Mail

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