Crypto heist in Dubai: Woman swaps wallets in seconds, walks away with $1 million
Dubai Court Jails Woman and Orders Deportation in Dazzling $1M Crypto Wallet Swap Scam
In a striking reminder that sophisticated digital-asset theft is not just a headline but now a courtroom drama in the UAE, a Dubai court has handed down a jail sentence, massive compensation order and deportation for a woman convicted of orchestrating a high-stakes cryptocurrency scam. The case has captured attention not just for its size but because it showcases how crypto crimes are being treated as serious financial offences under UAE law.
What happened: The crypto wallet swap scheme
The scam revolved around a clever and covert substitution during what was supposed to be a routine business meeting in Dubai. An investor was introduced to a man…
