Customers were duped into sending sensitive information including emails. The stolen Bitcoins are estimated to be valued at $233,220. The latest release by the US Department of Justice (DoJ) says that two Canadian nationals were indicted for A Bitcoin-related fraud. The two Karanjit Singh Khatkar, 23, and Jagroop Singh Khatkar, 24 were found to have been involved with wire fraud, money laundering and aggravated identity theft for a scheme to steal bitcoin from an Oregon resident. The defendants, in this case, are said to have faked the Twitter accounts belonging to HitBTC customer care. Customers were duped into sending sensitive information including emails. The two then took over the customers’ accounts and “initiated transfers of 23.2 bitcoins from the victim’s HitBTC account to Karanjit Khatkar’s Kraken account.” Moreover, “Karanjit Khatkar, in turn, transferred approximately 11.6 in stolen bitcoins to Jagroop Khatkar’s Kraken account.” The stolen Bitcoins are estimated to be valued at $233,220 using the current exchange rate. Karanjit Khatkar is already behind bars and the hearing for the case has been set for October 8. However, Jagroop Singh Khatkar is yet to be arrested but said to be currently in Canada. Read also: Bitcoin price prediction: Did BTC get ahead of itself? Confluence levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Litecoin Technical Analysis: LTC/USD has broken through a key intraday technical level FX Street 4 years Customers were duped into sending sensitive information including emails. The stolen Bitcoins are estimated to be valued at $233,220. The latest release by the US Department of Justice (DoJ) says that two Canadian nationals were indicted for A Bitcoin-related fraud. The two Karanjit Singh Khatkar, 23, and Jagroop Singh Khatkar, 24 were found to have been involved with wire fraud, money laundering and aggravated identity theft for a scheme to steal bitcoin from an Oregon resident. The defendants, in this case, are said to have faked the Twitter accounts belonging to HitBTC customer care. Customers were duped into sending sensitive… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
