- The accused Israeli national was allegedly working in cahoots with his brother (who is a parapeligic army veteran).
- Gigi — the primary accused in the case — was allegedly targeting crypto owners based out of Europe.
According to an all new report, a 31-year-old Israeli citizen named Eliyahu Gigi has been accused of laundering over $1.7 million worth of crypto assets across the globe. It is alleged that Gigi was involved in the illegal procuration of a number of digital currencies such as BTC, Ethereum, and Dash. The aforementioned story states that he was able to steal these assets from people living across Europe in countries like the Netherlands, Belgium, and Germany.
Gigi has been slapped with a variety of charges (including fraud, theft, money laundering) by Yeela Harel — who serves as the chief attorney for the SAOs cyber security department. In her report, she has mentioned that Gigi was making use of several scammy websites to steal cryptocurrencies from people. Not only that, he was also making use remote servers and techniques such as coin mixing to cover his tracks.
Gigi along with his brother were taken into custody last month when it came to light that the two were involved in an international phishing scheme.
While all of the charges levied against his brother have been dropped, Gigi is still being accused of using malware to infect the computers of his victims.
Using a host of nefarious tactics, Gigi was able to steal private information (such as wallet keys) from a large number of unsuspecting individuals.