{"id":27088,"date":"2020-08-11T10:06:52","date_gmt":"2020-08-11T07:06:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27088"},"modified":"2025-08-26T18:43:04","modified_gmt":"2025-08-26T15:43:04","slug":"australian-hacker-sentenced-to-two-years-and-three-months-in-prison-for-stealing-300000-in-xrp","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/australian-hacker-sentenced-to-two-years-and-three-months-in-prison-for-stealing-300000-in-xrp\/","title":{"rendered":"Australian hacker sentenced to two years and three months in prison for stealing $300,000 in XRP"},"content":{"rendered":"<p>The Australian court sentenced Katherine Nguyen to two years and three months in prison for the theft of 100,000 XPR in January 2018. She became the first person in the country\u2019s history to be charged in such a case, according to <a href=\"https:\/\/ia.acs.org.au\/article\/2020\/australian-woman-jailed-over-crypto-theft.html\" target=\"_blank\" rel=\"noopener noreferrer\">Information Age<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The charges were brought in October 2018. Nguyen pleaded guilty in August 2019. In October 2021, she will become eligible for parole.<\/p>\n<p>Judge Chris Craig described his decision as \u201cdifficult and distressing\u201d and stressed that she is described as a \u201cgenerous and hardworking\u201d person.<\/p>\n<blockquote>\n<p>\u201cThe criminal is always ready to help those around her. The crime committed is not characteristic of Nguyen; her moral beliefs were distorted at the moment of the theft,\u201d he noted.<\/p>\n<\/blockquote>\n<p>Court records show that in January 2018 she, with an accomplice, hacked the email of a 56-year-old namesake using SIM-swapping and stole his assets. At that time XRP traded at an all-time high of $3.84.<\/p>\n<p>Subsequently Nguyen transferred the tokens to one of China\u2019s cryptocurrency exchanges and converted them into bitcoin, which she then spread across several wallets.<\/p>\n<p>In 2019, police executed a search on Nguyen and seized computers, phones and money. With the stolen funds, the convicted person started a business repairing designer bags and shoes.<\/p>\n<p>Earlier, the 17-year-old Twitter hacker <a href=\"https:\/\/u1f987.com\/en\/news\/17-year-old-twitter-hacker-charged-with-30-counts\">was charged<\/a> with 30 counts. He faces up to 200 years in prison in the United States.<\/p>\n<p>Subscribe to ForkLog&#8217;s news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian court sentenced Katherine Nguyen to two years and three months in prison for the theft of 100,000 XPR in January 2018. She became the first person in the country\u2019s history to be charged in such a case, according to Information Age.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[108,1154],"class_list":["post-27088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-australia","tag-crimes"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27088"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27088\/revisions"}],"predecessor-version":[{"id":27089,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27088\/revisions\/27089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}