UK Hacker Sentenced to 3.5 Years for $900K Coinbase Phishing Scam
Jul 29, 2024
Elliot Gunton, a UK hacker, was sentenced to three and a half years in prison for a phishing scam that compromised over 500 Coinbase accounts, stealing $900,000. The scam involved redirecting users to a dummy website to capture login details. Gunton, who was previously convicted for other cybercrimes, including stealing TalkTalk customer data, was also ordered to repay over $500,000 in ill-gotten gains. The case highlights the severe consequences of cybercrime, particularly involving cryptocurrency platforms.
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