Eric Meiggs, a 23-year-old Massachusetts man, has pleaded guilty to seven counts associated a scheme to take over people's social media accounts. Meiggs and his cohorts attempted to steal $530,000 in cryptocurrency as well as valuable social media accounts by hacking his victims' phones.
Meiggs pleaded guilty to all seven criminal counts including conspiracy, wire fraud, computer fraud and abuse as well as aggravated identity theft. He'll be sentenced on September 15. He faces a minimum two-year prison sentence.
Source: Digital Coin News (digitalcoinnews.net)
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