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    Home»Cryptocurrency»NSW man charged a year after allegedly stealing $140,000 worth of cryptocurrency
    Cryptocurrency

    NSW man charged a year after allegedly stealing $140,000 worth of cryptocurrency

    November 3, 20251 Min Read


    A man has been charged a year after allegedly stealing $140,000 worth of cryptocurrency.

    Police allege the 36-year-old accessed a 29-year-old man’s online account and transferred the funds to his own digital wallet.

    Detectives launched an investigation in November last year after reports of a large amount of cryptocurrency being stolen.

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    Following months of inquiries, the 36-year-old was arrested on Tuesday morning during a search warrant at a home in Barrack Point, in Shellharbour, south of Wollongong.

    Several electronic devices were also seized for forensic examination.

    The man has been charged with dishonestly obtaining a financial advantage by deception.

    He was granted conditional bail and is due to appear before Port Kembla Local Court on December 3.

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