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hacker hack crpto currency

Photo #1 from Shikarpur, India by Gaurav Chaudhary made on 2018-10-04 17:30 for Sola

Crowd Machine, a California-based cryptocurrency startup has fallen victim to a $14 Million hack. The Oklahoma police have arrested two men who reportedly stole millions of dollars from Crowd Machine, reported CCN.

Fletcher Robert Childers, 23, and Joseph Harris, 21, both of Missouri, were arrested by Police at a west side hotel on Monday. According to search warrants and Court documents, hackers used a SIM swapping technique to steal the victims’ passwords and identity.

In a post on its website, Crowd Machine stated that access to its crypto wallet was compromised and Crowd Machine Compute Tokens (CMCTs) were stolen. The company has also posted the thief’s wallet address 0x290d615eE921706ec8cCB2593F09B2D2e0F8B67c and asked customers not to deal with them. It further said that most exchanges have suspended trading in the currency.

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India, Shikarpur
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