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young British hackerCoinGape
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59% Informative
Elliot Gunton has been sentenced to three and a half years in prison for a phishing scam that stole over $ 900,000 from more than 500 Coinbase users.
The scam involved a fake website that mimicked Coinbase ’s login page, allowing the hackers to harvest account credentials.
Gunton was sentenced to 20-month prison sentence for stealing personal data from TalkTalk customers.
FCA had earlier fined Coinbase 's UK arm 3.5 million for failing to prevent onboarding high-risk customers.
This case highlights the sophistication of cyber criminals and the growing resolve to address cryptocurrency-related crimes.
VR Score
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42
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41
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formal
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English
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54
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Attention-grabbing headline
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Source diversity
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