cryptonews: A man has been jailed after stealing more than $2.5 million worth of IOTA tokens from unsuspecting investors. 👁️
A man has been jailed after stealing more than $2.5 million worth of IOTA tokens from unsuspecting investors.
But a five-year investigation found these seed phrases were not chosen at random — and because they were predetermined, users soon saw IOTA stolen from their accounts. More than 100 victims have been identified, with some losing their life savings, businesses and inheritances. Wiersma was initially arrested in Oxford in January 2019 — a year after the IOTA was stolen — and a number of devices from his property were also seized at the time.In Oxford Crown Court, he was sentenced to four-and-a-half years behind bars.0 people liked this article
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