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📣 Indian Man Pleads Guilty to Creating Spoofed Coinbase Website, Stealing $9.5M in Crypto

An Indian citizen pleaded guilty this week to U.S. charges that he created a fake version of Coinbase's website, letting him steal login credentials on the real thing and plunder more than $9.5 million of cryptocurrency from hundreds of victims. Chirag Tomar, 30, was arrested at the Atlanta airport on Dec. 20, 2023, while visiting family on a travel visa. He was charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. Both carry a maximum sentence of 20 years in prison.

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📣 Indian Man Pleads Guilty to Creating Spoofed Coinbase Website, Stealing $9.5M in Crypto

An Indian citizen pleaded guilty this week to U.S. charges that he created a fake version of Coinbase's website, letting him steal login credentials on the real thing and plunder more than $9.5 million of cryptocurrency from hundreds of victims. Chirag Tomar, 30, was arrested at the Atlanta airport on Dec. 20, 2023, while visiting family on a travel visa. He was charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. Both carry a maximum sentence of 20 years in prison.

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✈️@CryptoWorldNews🌐

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What is Telegram?

Telegram’s stand out feature is its encryption scheme that keeps messages and media secure in transit. The scheme is known as MTProto and is based on 256-bit AES encryption, RSA encryption, and Diffie-Hellman key exchange. The result of this complicated and technical-sounding jargon? A messaging service that claims to keep your data safe.Why do we say claims? When dealing with security, you always want to leave room for scrutiny, and a few cryptography experts have criticized the system. Overall, any level of encryption is better than none, but a level of discretion should always be observed with any online connected system, even Telegram.

What is Telegram?

Telegram is a cloud-based instant messaging service that has been making rounds as a popular option for those who wish to keep their messages secure. Telegram boasts a collection of different features, but it’s best known for its ability to secure messages and media by encrypting them during transit; this prevents third-parties from snooping on messages easily. Let’s take a look at what Telegram can do and why you might want to use it.

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