Canadian teens allegedly stole over $4M in crypto by impersonating Coinbase support

Two Canadian teenagers have been apprehended and charged in connection with the theft of $4.2 million in cryptocurrency, according to a report by CBC on July 4.

Teens stole $4.2M in BTC, ETH

The accused teenagers allegedly stole a substantial amount in Bitcoin (BTC) and Ethereum (ETH) by posing as Coinbase support and gaining unauthorized access to a victim’s exchange account.