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Florida Man Steals $600,000 Worth of Crypto from Elderly Person

Sun, 04/10/2022 - 12:42
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Alex Dovbnya
A Florida man has stolen crypto fortune from a 61-year-old victim
Florida Man Steals $600,000 Worth of Crypto from Elderly Person
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Aaron Daniel Motta, a 27-year-old cybersecurity expert from Florida, has been slapped with felony charges after stealing $575,000 worth of crypto from an elderly victim, The Tampa Bay Times reports.

Motta managed to steal a Trezor cryptocurrency hardware wallet along with the password while installing a security system at the victim’s house.  

Trezor and other hardware wallets allow their customers to store a slew of cryptocurrencies offline.

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He was released on bail on Friday after shelling out $60,000.

As reported by U.Today, an elderly woman from Dublin was arrested for scamming her victim out of one million euros back in February.

Last week, Trezor customers were targeted with bogus data breach emails.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.