Crypto scam: Authorities in California arrest 20-year-old

Crypto scam Authorities in California arrest 20-year-old

Joel Ortiz, a 20-year-old college student, was accused of tricking and hacking crypto wallet accounts thereby pilfering $5 million. Ortiz took control of the victim’s mobile phones and accessed their crypto accounts. The Santa Clara County authorities mentioned that Ortiz possessed $250,000 in cryptocurrency during the arrest and blown $150,000 on a spree.

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