Dubai Court Jails Woman Over Dh4.3 Million Crypto Wallet Swap Scam

Dubai court jails woman over crypto wallet swap scam

A Dubai court has sentenced a woman to two months in jail with an additional fine payment after she was found guilty of a crypto wallet scam. According to news sources, the woman secretly swapped a cryptocurrency wallet during a business meeting in Dubai, defrauding an investor of digital assets worth about $1 million. Court records revealed that the woman carried out the act discreetly while the meeting was ongoing in order not to arouse suspic…

Dubai court jails woman for secretly swapping crypto wallet, investor loses nearly $1M

A Dubai court has sentenced a woman to two months in jail and imposed heavy fines after finding her guilty of orchestrating a covert cryptocurrency scam that stripped an investor of digital assets worth nearly $1 million. Court findings showed that the woman discreetly switched a hardware crypto wallet during a business meeting, replacing the …

Dubai Court Jails Woman Over Dh4.3 Million Crypto Wallet Swap Scam

The post Dubai Court Jails Woman Over Dh4.3 Million Crypto Wallet Swap Scam appeared on BitcoinEthereumNews.com. Dubai court jailed and deported a woman for swapping a crypto wallet and stealing assets worth about $1 million. The scam occurred during a Dubai meeting where she secretly replaced an investor’s hardware wallet. The civil court ordered Dh4.3m compensation, recognising crypto as protected financial property under UAE law. A Dubai cour…