Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges.
An Australian man has been sentenced to two years in prison for cyber-enabled identity theft, including using fake documents to create online cryptocurrency accounts.
On June 21, the Australian Federal Police (AFP) reported that a 31-year-old Aussie man was sentenced at the Melbourne County Court. The man was charged following an international investigation into a website selling fraud-enabling technology linked to over 1 million Australian dollars ($670,000) theft from victims.
The AFP launched its Operation Stonefish in August 2022 after United Kingdom authorities investigated a website offering spoofing services for as little as £20. The site facilitated identity theft and financial fraud.