Post
Topic
Board Bitcoin Discussion
Re: Tech Savvy Student Steals $7.5 Million in Cryptocurrency
by
carlfebz2
on 01/05/2019, 19:28:38 UTC
Joel Ortiz, a skilled SIM Swapper was caught and arrested back in May 2018. On April 22nd 2019, the District Attorney’s Office of Santa Clara County made their formal announcement about his sentence – 10 years in prison.

Ortiz was a 21-year-old Boston High School valedictorian and was very prolific at stealing cryptocurrency from SIM cards. The announcement states that he had hacked the crypto wallets (worth over $7.5 million) located on mobile phones of over 40 victims.

According to the announcement, it only took Ortiz just a few minutes to steal more than $5.2 million in crypto from one Cupertino cryptocurrency entrepreneur. He performed this theft back in May of 2018.

https://www.bitcrypt.co/tech-savvy-student-steals-millions-cryptocurrency/
I think he got what he deserved. It's not okay to steal money, even if you're a smart hacker. It's nice that he was convicted of his crime, even though it involved cryptos, not fiat. If he is just 21, he will still have time to live ab interesting life after prison. Maybe he'll use his abilities for good next time. After all, rethinking one's principles is what being in prison is partially about.
He might get a lesson learned after being sentence to be in prison for a more than a decade.After that he might either change his motives in life or would still continue the hacking but more careful this time.
He do wasted up his talent rather than using it on blackhat it would be better if he do apply for something else which is legal. Each theft/hacking case would really have corresponding consequences.
For the age of 21 which is too young to get in prison but it is just right.