Connect with us

Hi, what are you looking for?

Arizona
Arizona

Cryptocurrency

Arizona man is accused of posing as an Uber driver in order to steal $300,000 in cryptocurrency

A man in Arizona allegedly impersonated an Uber driver and duped two unsuspecting passengers out of $300,000 in cryptocurrencies. Authorities said the investigation into the theft and fraud accusations is still underway as more information becomes available.

According to reports, an Uber driver in Scottsdale, Arizona, arrested a man for allegedly stealing $300,000 worth of cryptocurrencies from two passengers on separate occasions. The suspect, Nuruhussein Hussein, reportedly sought victims outside a hotel and addressed them by name in order to gain their trust.

According to officials, Hussein picked up his victims outside the W Hotel in Scottsdale twice: once in March and again in October. Hussein obtained access to their mobile phones by pretending to be resolving app issues or using their phone as a replacement for his malfunctioning device. Once in possession, he allegedly moved cryptocurrency from their accounts to cold storage.

When a victim became suspicious and demanded their phone back, Hussein allegedly threatened them, telling them to “chill” or face the repercussions.

On December 11, Scottsdale police and Secret Service operatives apprehended Hussein. He is now facing allegations of theft, fraud, and money laundering. In the event that he receives bail, prosecutors have successfully secured a $200,000 cash bond and electronic monitoring.

Authorities expressed worry that Hussein, who apparently goes regularly to Ethiopia, may attempt to destroy evidence or exit the country. We have prohibited him from using the internet or traveling internationally as a precaution. The court has scheduled Hussein’s appearance for December 18.

This instance shows growing concerns about offline cryptocurrency theft, as scammers increasingly use direct and deceitful ways to target unsuspecting victims. Investigations into the case are ongoing.

author avatar
Satpal S
Satpal is an Editor and Author at 4C Media Co, specializing in all stories and news related to crypto and finance.
Advertisement

You May Also Like

Uncategorized

Franklin Templeton has launched the OnChain US Government Money Fund (FOBXX) on Solana, a blockchain-based finance platform. This step improves Solana's institutional finance ecosystem...

Cryptocurrency

Coinbase is preparing to return to the Indian cryptocurrency market after quitting in 2023 due to regulatory hurdles. The exchange is in talks with...

Cryptocurrency

CME Group reported a record increase in cryptocurrency trading activity in Q4 2024, with daily transactions exceeding $10 billion. This is a 300% growth...

Cryptocurrency

Texas lawmakers have revived a plan to create a Strategic Bitcoin Reserve, expanding it to include other major cryptocurrencies. SB 21 strengthens the state's...

polkadot
Polkadot (DOT) $ 4.79 1.75%
bitcoin
Bitcoin (BTC) $ 95,644.63 0.27%
ethereum
Ethereum (ETH) $ 2,702.86 1.38%
cardano
Cardano (ADA) $ 0.751089 3.86%
xrp
XRP (XRP) $ 2.55 0.63%
stellar
Stellar (XLM) $ 0.32936 1.52%
litecoin
Litecoin (LTC) $ 132.19 8.70%