logo

Over $35K crypto theft lands UK man a 20-month jail term

prison

Mark Andrews, the United kingdom resident from Saint Helens, has been awarded over a year and a half jail term for unauthorizedly accessing a computer system to commit an offense, including a crypto theft worth thousands of dollars. Cheshire Constabulary reported the development on Friday.

UK man jailed for $37,870 crypto theft

The 38-year-old Andrews reportedly stole a huge amount of digital currencies worth £30,000 ($37,870) from an unnamed victim in Wilmslow, UK. The victim reached out to Andrews for his IT services in April, last year. Upon completion of the work right at the victim’s office, Andrews managed to find personal information, which eventually led up to the crypto theft.

The unnamed victim could monitor where the cryptocurrencies were moved, according to the report. This facilitated the investigations and evidence, which resulted in the detention of Andrews. He was detained at his residence on the offense of the Computer Misuse Act and charges of crypto theft.

Andrews faces a 20-month jail term

During his arrest, the law enforcement agency was able to confiscate a large portion of digital currencies, including many devices that served as evidence, per the report. After pleading guilty to the charges levied against him, Andrews will be facing 20 months in jail for committing crypto theft. He was also awarded a ten months concurrent imprisonment for accessing a computer system unauthorizedly.

David MacFarlane of the Cyber Crime Team at Cheshire Constabulary noted in the report that the investigation was complex, which also points out the increasing criminal activity in the digital space, like crypto thefts.

MacFarlane hopes that the imprisonment of Andrews would serve as a deterrent to every other person, who plans to steal cryptocurrencies, believing they can possibly get away with it. He added:

I would remind people of the importance of protecting they’re data and keeping it safe from criminals.

Ibiam Wayas

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.

Related News

Hot Stories

Iran plans to freeze bank accounts for women without hijab
Will NEAR go up? NEAR protocol price outlook amid FTX exposure
Dogecoin price analysis: DOGE experiences flashcrash at $0.0961
Polkadot price analysis: DOT/USD enters devalued region to $5.29 after a bearish run
Litecoin price analysis: LTC price falls to $76.78 after a bearish run

Follow Us

Industry News

Iran plans to freeze bank accounts for women without hijab
Revealed: the top-5 token Holdings of Alameda
Warner Music Group seals deal with Polygon to release music NFTs
Ledger partners with iPod designer for new security feature
RTFKT and Cryptokicks iRL minting system is revealed

Add Your Heading Text Here