Security News > 2022 > May > Crypto robber who lured victims via Snapchat and stole £34,000 jailed

Crypto robber who lured victims via Snapchat and stole £34,000 jailed
2022-05-14 14:02

On Wednesday, May 11th, The Crown Court at Southwark in London sentenced 21-year-old Karim Hassan to five years in prison for pulling off multiple crypto robberies and making lethal threats to his victims, a source familiar with the specifics of the case has told BleepingComputer.

Hassan, a resident of London's Maida Vale district would use Snapchat to anonymously interact with customers looking to exchange their cryptocurrency for cash in person.

Zain Hankin, one of the victims of this bootleg scheme had video-called Hassan prior to meeting up with him.

Hassan's barrister, John Oliver acknowledged the seriousness of his client's crimes and mentioned Hassan's "Troubled family background" and having to "Step up to the role of father of the family from an early age."

Crypto robberies, like the kind carried out by Hassan, are convenient as criminals no longer need to lead the victim to an ATM machine-funds can be siphoned off right from the victims' smartphones as soon as the victims are in a relatively isolated place.

One may also wonder, in a world with no shortage of online cryptocurrency exchanges, Bitcoin ATMs, and new crypto ventures springing up every other day, what would tempt someone to avail services of dubious crypto ATMs, like Hassan's? That too, after being led there via an anonymous Snapchat account.


News URL

https://www.bleepingcomputer.com/news/security/crypto-robber-who-lured-victims-via-snapchat-and-stole-34-000-jailed/