Inside a crypto heist: Hamilton youth who stole $48-million strikes again

Open this photo in gallery:

On a summer day in 2022, a lonely, troubled youth appeared in a Hamilton courtroom to say he’s “very sorry” for stealing $48-million in cryptocurrency. “I intend to move forward only in a positive direction,” he said.

His lawyer said the 19-year-old now wanted to use his skills for good, to work in cybersecurity, “a fitting way for this case to come full circle.”

The judge sentenced the young man to a year of probation, taking into account the year he already spent in custody and the fact that he was 17 when he did the deed. The young man, who cannot be named under Canada’s Youth Criminal Justice Act, was forbidden from dealing with crypto during his probation – not a significant deprivation,…

Source link