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Tuesday

20 August 2019

Crypto Fraud Results in Several Arrests in Australia

Crypto Fraud Results in Several Arrests in Australia


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Among the most common methods are SIM-swapping, which involves a hacker or hackers obtaining access to a person’s mobile phone.

The system involves a hacker obtaining access to a person’s computer without their knowledge or permission.

Queensland police in Australia report arresting five people for potentially cheating investors out of money and enticing them to invest their crypto funds into a phony enterprise known as Exmount Holdings Group.

The five people involved in the scheme have been charged with fraud and are scheduled to appear at different dates in an Australian court.

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