Arizona man was arrested for stealing crypto, posing as Uber driver

-

An Arizona man was arrested for allegedly posing as an Uber driver to pull off a crypto heist worth $300,000.

Scottsdale detectives, along with special agents from the U.S. Secret Service, took Nuruhussein Hussein into custody on charges of theft, fraud, and money laundering.

Crazy story

Hussein lured unsuspecting victims outside the W Hotel in Scottsdale by pretending to be their Uber driver.

The cherry on the top is that this wasn’t a one-time gig, because he did it twice, once in March and again in October, calling the victims by name to make his ruse more convincing.

Once the passengers got into his car, police say Hussein would ask to borrow their phones because his was broken.

In one case, when a passenger questioned why the app showed he hadn’t arrived yet, he offered to help troubleshoot.

But here’s where it gets shady, he allegedly used their phones to access their Coinbase accounts and transfer crypto directly.

Threats and arrest

Things took a dark turn when one victim became suspicious and asked for their phone back. Hussein reportedly threatened them, saying they should “chill or something bad would happen.”

Hussein was apprehended last week, and prosecutors have pushed for a $200,000 secured cash bond along with electronic monitoring if he can pay for his release. The investigation is still ongoing.

To add another layer of intrigue, Hussein has been banned from using the internet or traveling abroad after prosecutors expressed concerns that he might destroy evidence or flee to Ethiopia, where he frequently travels. He’s due back in court on December 18.

In trouble

This incident highlights a troubling trend, because according to GitHub, there have been at least 19 reported cases of offline crypto robberies around the world over the past year. That’s up from 17 in 2023 and 32 in 2021.

The history of crypto theft dates back to 2014 when an unknown caller attempted to extort computer scientist Hal Finney for 1,000 Bitcoin, which was valued at about $400,000 at the time.

Have you read it yet? The original designer announced a new ‘XRP ARMY’ logo

LATEST POSTS

Coinpayments Teams Up with Aston Martin Aramco for a Full-Throttle Formula One Partnership

Picture a sleek Formula One car roaring towards glory, emblazoned with the logo of a digital payment pioneer. This weekend, at the Abu Dhabi Grand...

MetaMask’s newest brainchild, “Transaction Shield,” is now live

Are you ready to take your wallet’s paranoia to a whole new, pay-to-play level? For a modest $9.99 a month, this subscription promises to refund...

Cayman Islands Is The New DAO Paradise? Foundation Companies Explode 70%

Imagine a sun-soaked speck in the Caribbean, the Cayman Islands, suddenly morphs into the ultimate quest hub for DAOs and Web3 warriors. It’s real now, as...

U-Turn of The Year, Vanguard Throws Open Its Doors to Crypto ETFs

Once upon a time in the land of suits and spreadsheets, Vanguard said “f*ck your crypto.” But now, the mighty second-largest asset manager on Earth...
123FollowersFollow

Most Popular

Guest posts